RSM, the 6th largest global network of consulting and audit firms, conducted the buy-side financial, tax, and personnel due diligence for Raffinerie du Midi, a key player in energy logistics, during the acquisition of Imrat Engineering, a specialist in the engineering of aboveground vertical storage tanks.

For this strategic acquisition, Raffinerie du Midi was supported by a multidisciplinary team led by Eric Fougedoire and Cécile Guyot, RSM partners.

Through this operation, RSM’s Corporate Finance division strengthens its role as a consultant to companies in the TICC (Testing, Inspection, Certification, Compliance) sector in industrial and energy environments.

 

Official Press Release from Raffinerie du Midi

Raffinerie du Midi, a player in energy logistics, announces the integration of Imrat Engineering. This strategic acquisition of a historic partner marks a new step in the development of its expertise, strengthening the broad range of its service offerings to meet the needs of operators of Installations Classified for Environmental Protection (ICPE), energy companies, and all logistical infrastructure.

The Isère-based company, recognized for its expertise in the engineering of aboveground vertical storage tanks, joins Raffinerie du Midi.

“We are very proud to welcome Imrat Engineering into the RM ecosystem. This acquisition fits perfectly into our strategy to develop our core business expertise in order to fully satisfy our internal requirements and the expectations of our partners,” said Nicolas Richard, Managing Director of Raffinerie du Midi.


Specialized in the operation of storage terminals for liquid energy products, with 110 employees in France, Raffinerie du Midi also offers tailored services in logistics (technical and HSE assistance, audit, consulting, and training), the effectiveness of which is recognized daily by the 15 depots within its ecosystem. By integrating Imrat Engineering, Raffinerie du Midi strengthens its sector and business expertise.
 

“Since its creation in 2009, Imrat has developed strong technical expertise in the field of storage tanks: knowledge of construction codes and standards, maintenance, and local regulations. These skills complement the know-how and values of the Raffinerie du Midi ecosystem, and we are delighted to join it,” said Didier Bleuse, Founder of Imrat Engineering.


This operation allows Raffinerie du Midi to:

  • Expand its service offering: by combining the skills of Raffinerie du Midi and Imrat Engineering, Raffinerie du Midi now offers extended expertise covering the entire life cycle of storage facilities.
  • Continue the growth of its international activities with the Imrat Engineering brand, recognized for its expertise in numerous countries.

 

The RSM Team

The RSM team involved was composed of:

  • Financial due diligence: Éric Fougedoire, Hugo Menkhoff, Karl Dupont
  • Tax and personnel due diligence: Cécile Guyot, Déborah Kocher, Kévin Brun