Michel Fourcade

Volney Développement SAS (Volney Développement) is the majority-owned private equity subsidiary of Crédit Mutuel de Maine-Anjou et Basse-Normandie (CM-MABN), part of Groupe CM-CIC in France. Crédit Mutuel Océan, also part of CM-CIC, holds a significant minority interest. Formerly known as MABN Participations SAS, the firm is based in Laval and was established in 1999 as Maine Anjou Basse Normandie Participations. They invest on behalf of their parent bank.