2008 :

December : B&B opens a hotel in Hamburg
B&B Hotels opens a 100-room hotel close to downtown Hamburg (Germany).
Finalization of the acquisition of stake in Accor
Following the acquisition of securities, Eurazeo and Eurazeo Partners bought a 10.5% stake in Accor during the year.

October : Implementation of a new liquidity contract
Eurazeo signs a new larger liquidity agreement in the amount of €10 million, to bolster its response to market changes.
Appointment of the new Chief Executive Officer of Elis
Xavier Martiré, former Managing Director in charge of France, is appointed Chief Executive Officer of Elis.

September : Strategic alliance between Europcar and Enterprise Rent-A-Car
Europcar signs a strategic alliance with Enterprise, leading North-American car rental company.
The agreement results in the birth of the world’s number 1 car rental network.
Startup of the contract between APCOA and London’s Luton airport
APCOA’s UK management restructuring allows to boost growth momentum and results in the startup of a significant agreement: the car park of Luton airport, one of the most important in the UK with more than 10 million passengers per year, is now managed by APCOA.

August : B&B opens a second hotel in Frankfurt
B&B Hotels opens a 100-room hotel in Northern Frankfurt (Germany).

June : Divestment of Veolia Environnement
Pursuant to the divestment announced in August 2007, Eurazeo sold almost its entire stake, recording a capital gain of €165.6 million (after tax).
Optimized disposal program for part of the stake in Air Liquide
Eurazeo draws up an optimized disposal program to sell its stake in Air Liquide in order to rebalance its portfolio and to increase its liquid assets.
Refinancing of the Danone shares
Eurazeo transfers all its equity interest in Danone to its wholly-owned subsidiary, Legendre Holding 22, with dedicated financing. This change in the portfolio of listed shares allows Eurazeo to generate new financial resources for future acquisitions.
Disposal of Hagemeyer entities and Rexel’s asset swap
Rexel finalizes sale of a number of Hagemeyer entities and an asset swap with Sonepar.

May : Eurazeo signs a shareholder’s agreement with Colony Capital in Accor
Eurazeo signs a shareholders’ agreement in Accor with Colony Capital for the five upcoming years.
B&B opens a second hotel in Munich
B&B Hotels opens a hotel in Munich (Germany), raising the number of B&B Hotels in the city to two.

April : Europcar acquires its Master Franchisee in the Asia-Pacific region
Europcar acquires its Asia-Pacific franchised network and establishes a direct presence in Australia and New Zealand.

March : Rexel acquires Hagemeyer
Rexel acquires respectively 98.7% and 100% of Hagemeyer shares and bonds. Hagemeyer is a Dutch electrical equipment retail company and number 3 worldwide. The acquisition bolsters Rexel’s global leadership.

February : Partnership between Europcar and All Nippon Airways (ANA)
Europcar signs a partnership agreement with All Nippon Airways (ANA), a leading Japanese airline. This agreement is the first partnership in Japan for Europcar and the third in the Asia-Pacific zone.
Acquisition of Suzhou Xidian by Rexel
Rexel buys Suzhou Xidian, electrical equipment retailer in China. The acquisition deal is the second in China for Rexel within one year and represents a new stage in the development of its position on a high-growth market.
A new organization for APCOA
APCOA announces the appointment of Friedrich Schock (former Chief Operating Officer) as Chief Executive Officer, Marc-Andre Micha as Chief Operating Officer and Tjardo Siemens as Chief Financial Officer. Besides, the Group is now organized in six areas.

January : Elis recruitment campaign
Elis decides to recruit some hundred new sales people in France to boost its development.

2007 :

November : Investment in Station Casinos : Eurazeo invested 200 million dollars alongside Colony in Station Casinos, the Las Vegas (United States) local market leader in games and entertainment.
Reinforcement of B&B in Germany : B&B Hotels consolidated its position in Germany through a cooperation agreement with Tank & Rast to develop at least 34 hotels along the German highways.
Takeover bid for Hagemeyer : Rexel, Sonepar and Hagemeyer signed an agreement for a recommended bid for Hagemeyer at a price of 4.85 euros per share.
Entry in the MSCI index : Eurazeo entered the MSCI (Morgan Stanley Capital International) index.

October : Acquisition of EIW by Rexel : Rexel consolidated its position as number 1 in Australia with the acquisition of EIW, raising the number of acquisitions in 2007 to seven.
Success of the ANF capital increase : ANF successfully completed its capital increase which allowed it to finance the purchase of 159 B&B hotel properties. After this transaction, Eurazeo’s stake in ANF fell from 89.9% to 62.8%.

September : Euraleo acquired equity interest in Intercos : Euraleo acquired a 40% equity interest in Intercos, one of the world’s leading subcontractor in cosmetic products.

August : Acquisition of ELIS : Eurazeo signed an agreement to acquire ELIS, a leading European firm in the rental and cleaning of textiles and hygiene services, for 2,276 million euros.
Acquisition of CPS Europe by APCOA : APCOA acquired the European activities of CPS and reinforced its position in Europe. APCOA became number 2 in the UK and penetrated both the Spanish and Irish markets.
Increased investment in Air Liquide : Eurazeo is changing its listed assets. It has raised its equity interest in Air Liquide (primary shareholder with 5.5% of the capital) and announced that it will exit from Veolia within 12 to 18 months.

July : Acquisition of the activities of WISAG by APCOA : APCOA acquired the parking activities of WISAG in Germany.
Euraleo’s acquisition of an equity interest in Sirti : Euraleo acquired an equity interest in Sirti, a major Italian player in the design of telecommunications networks and systems.

May : Acquisition of Betacar by Europcar : Europcar signed an agreement for the acquisition of Betacar, the first car rental company in the Balearic and Canary Islands.

April : Rexel’s Initial Public Offering (IPO) : Rexel launched an initial public offering at the price of 16.50 euros per share.
Acquisition of APCOA : Eurazeo finalized the acquisition of APCOA for 885 million euros (of which Eurazeo invested 313 million euros and ECIP 62 million euros of equity).

March : Acquisition of Vanguard EMEA by Europcar : The acquisition of the European activities of Vanguard (National and Alamo Rent a Car) and the transatlantic alliance that has been agreed upon has allowed Europcar to consolidate its position as a European leader and boost its presence in the United States.
Final closing of Eurazeo Co-Investment Partners : Eurazeo finalized the first fund-raising phase for a 500 million euros co-investment fund. This transaction allowed the company to increase its investment capacity and consolidate its syndication process, while creating value for its shareholders.

February : Disposal of Eutelsat : Eurazeo finalized the sale of its equity interest in the capital of Eutelsat for 614 million euros.
Disposal of Fraikin : Eurazeo sold its equity interest in Fraikin to CVC Partners for 346 million euros, and then re-invested alongside Eurazeo Co-investment Partners (ECIP) so that together they hold a 19% stake in Fraikin.
Sale of 28 funds : Eurazeo finalized the sale of its portfolio of 28 funds in which it had interests as a limited partner.

January : Acquisition of Villages Hôtel by B&B : B&B Hotels continued its expansion with the acquisition of Villages Hôtel, which owns 59 hotels including two located in Germany.

2006 :

December: Signing of an agreement to sell Fraikin, (342 million euros for Eurazeo’s share - IRR of more than 37%).

Signing of an agreement to sell Eutelsat Communications (614 million euros for Eurazeo’s share, with an IRR of 59%).

November: Double strategic transaction for Europcar with Vanguard (National and Alamo vehicle rental brands), with the forging of a trans-Atlantic alliance, thereby creating the world’s third-largest integrated player, and acquisition of Vanguard’s European activities, which boosts Europcar’s market share from 19.9% to 26.5%.

October: B&B enters into exclusive negotiations to acquire 100% of the equity of Villages Hôtel, a hotel chain in France and Germany.

July: Rexel acquires GE Supply, General Electric’s electrical products distribution business, in a transaction valued at 725 million dollars, thereby moving up from fifth to first place in the United States. This investment is self-financed, as have been all others by Rexel.

Creation of Eurazeo Co-Investment Partners, Eurazeo’s first co-investment fund with a total commitment of 500 million euros. The first closing is for 345 million euros and 94 million euros is invested in Europcar.

June: Europcar announces that it has taken over Keddy Car & Truck, the leader in short-term rentals in Belgium, and Utramar, an important operator in the Balearic Islands.

March-June: Additional investment of 425 million euros in Danone, raising Eurazeo’s stake to 5.36% of the equity and 9.08% of the voting rights as of December 31, 2006.

May: Acquisition of 100% of the equity of Europcar in one of Europe’s largest LBOs in the first half of the year (3.1 billion euros). Europcar is the European leader in car rentals.

Eurazeo distributes one bonus share for 20 existing shares and a special distribution of reserves of 6 euros per share, ie 292 million euros. Along with the regular dividend of 1 euro per share.

April: Acquisition of a 20% equity interest in Banca Leonardo for 93 million euros, and creation of Euraleo, a 50/50 joint venture between Eurazeo and Banca Leonardo to carry out private equity transactions in Italy.

February: Rexel continues its strategy of growth through acquisitions by buying all the equity of Elektro-Material SA, the leading Swiss distributor of electrical products. Rexel moves up from fifth position to first place in Switzerland.

2005 :

December: Eurazeo sells its stake in BBS Capital, an invstment fund, held since 1998, for 66 million euros.
Announcement of a special dividend of 6 euros per share, representing a payout from reserves of 296.6 million euros, in addition to the ordinary dividend, subject to the approval of the annual shareholders meeting of 2006.

November: Announcement of plans to invest in Banca Leonardo and for a joint venture with this bank to support the growth of private equity business in Italy.
Eutelsat Communications is floated on Euronext Paris on December 2, 2005, at 12 euros per share.

October: The entire stake in IRR Capital, an investment company held since 1997, is sold for a total of 308 million euros. The Colyzeo fund invests 17 million euros in Buffalo Grill and Velizy, a project to build 28,000 sq m. of office space for 3 million euros.

September: Terreal is sold for 164 million euros. This was the first divestment of a portfolio company acquired under the private equity investment strategy implemented in 2002. It generated an IRR of 105% and a multiple of 3.5 times the initial investment.

July: ANF's free float is partially increased by selling 9% of the share capital on the market, for a total of 56 million euros. This sale reduces Immobilière Bingen's stake in ANF to 90 %.
Acquisition of B&B Hotels, Eurazeo's fifth LBO, for a total of 141 million euros. After syndication, Eurazeo holds an 83% stake in the acquisition vehicle, at a cost of 128 million euros.

June: 50 million euros are invested in the Accor group as part of a total structured investment of € 1 billion, in the form of convertible bonds and ORA share-redeemable bonds, led by Colyzeo.

May: The stake in Lazard is sold. All Eurazeo interests are purchased for a total of 784 million dollars (610 million euros) as Lazard goes public.
Eurazeo's real estate arm transfers ownership of 100,000 sq m of real estate in Lyon and 275,000 sq m in Marseille to ANF, representing a total asset value of 390 million euros. This deal gives Eurazeo a 99% stake in ANF, held by its subsidiary Immobilière Bingen.

April: The public buyout offer for Rexel, followed by a compulsory buyout, is completed. This deal gives the acquisition vehicle Ray Acquisition (owned by Eurazeo, CDR and MLPE) 100% of Rexel, with Eurazeo's final investment totaling 464 million euros.
Eutelsat refinancing deal is Europe's largest in 2005, with 2.4 billion euros of debt raised by the holding entities.

March: Acquisition for 97 million euros of Ateliers de Construction du Nord de la France (ANF), a listed property company, to hold Eurazeo's real estate assets and create a SIIC.

2004 :

December: Purchase of an additional 10% of Eutelsat, increasing Eurazeo’s interest as Eutelsat’s principal shareholder with control of 36%.
Definitive agreement to acquire PPR’s 73.5% interest in Rexel SA for 3.7 billion euros, 2004 largest leveraged buyout in Europe.
Lazard files IPO documents with the Securities and Exchange Commission.

July: First ever whole-business securitization in France, with a value of 600 million euros to refinance the cost of acquiring Fraikin.

May: Merger of Rue Impériale with Eurazeo. Investment by Crédit Agricole of 100 million euros Eurazeo acquires the majority in Fraikin and reinforces its investment in Eutelsat and Veolia.

March: announcement of the merger of Eurazeo and Rue Impériale and of the contribution of assets (Fraikin, Eutelsat, Veolia Environnement) by Crédit Agricole. These transactions are submitted to the Shareholders’ Meeting of May 5, 2004 for approval.

2003 : October: Joint investment in Terreal with the US fund Carlyle.

July: Michel David-Weill becomes Chairman of the Supervisory Board.

April: Acquisition of France Telecom’s 23% stake in Eutelsat for a total price of € 450 million.

February: Acquisition of Fraikin for an enterprise value of € 764 million.

January: Inception of a real state investment fund Colyzeo closes its first deal in July for € 100 million.

2002 :

May : Change of Eurazeo’s corporate form into a « company with Supervisory Board (Conseil de Surveillance) and Executive Board (Directoire) ; Patrick Sayer is appointed as President of the Executive Board and Bruno Roger becomes Chairman of the Supervisory Board.

June : presentation of Eurazeo’s new strategy, which positions itself on the activity of capital investment with leverage buy out, with the goal to create funds and manage assets on behalf of third party investors.

2001 :

April : Merger of Eurafrance and Azeo. The structure is named Eurazeo, Bruno Roger is appointed as Chairman of the Board.

May : Eurazeo sells its interests in Generali and Mediobanca, generating a capital gain of € 900 million.