Investment Strategy
Operational Value creation
ESG and France Développement
Team

Public Equity

Investment Strategy

Investment Strategy

The France Développement fund invests as a minority shareholder in French listed companies with a market capitalization of between €50m and €3bn. Our approach combines the expertise of listed equities management with those of the Private Equity. The goal is to create long-term value by being an active and constructive shareholder.

Our portfolio construction benefits from the combined expertise of a major private equity investor in French small and midcap companies as well as a recognized franchise in listed equities. All of our holdings are validated by an Investment Committee which brings together private equity experts and the head of the Fund, making our approach concrete.

Operational Value creation

Operational Value creation

With the support of LBO France’s operational performance team, France Développement invests in a limited number of companies with the aim of making them:

  • More readable and more visible, by helping them in their financial and extra-financial communication
  • More efficient, by being a source of proposals on operational strategy and financial management
  • More attractive, by encouraging constructive dialogue with management and the Board of Directors, particularly on ESG issues that are essential to the sustainability of the business

ESG and France Développement

The listed equity funds of LBO France, France Développement (FIA) and France Développement (UCITS) have obtained the SRI label.

Being a long-term shareholder in a company requires carrying out an in-depth review prior to the investment, based on the process developed by LBO France for its unlisted holdings.

The analysis of corporate governance allows us to only retain companies which meet the conditions for establishing a constructive dialogue. Our long-term commitment requires us to verify that the activity is sustainable in social, societal and environmental terms.

The ESG diagnosis allows us to make companies aware of best practices. Once invested, France Développement intends to remain a vigilant shareholder in order to encourage its holdings to continuously strengthen their ESG practices.

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TemplatesController


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  "wp_head" => FunctionWrapper {#425
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  "wp_footer" => FunctionWrapper {#417
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]

Custom Context

array:24 [
  "timber" => TimberManager {#5159
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      "wordpress" => array:7 [
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          3 => "menus"
          4 => array:2 [
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            "arg" => array:5 [ …5]
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        ]
        "menus" => array:3 [
          "primary" => "Menu Principal"
          "secondary" => "Menu Secondaire"
          "footer" => "Menu Footer"
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        "remove_action" => array:1 [
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        "images_sizes" => array:1 [
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            "crop" => array:2 [ …2]
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  }
  "services" => TimberService {#8325}
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    "sector" => "Sector"
    "type_of_operation" => "Status"
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    "filter_by_location" => "Screening by location"
    "invest_relation" => "Investor Relations"
    "esg" => "ESG"
    "compliance" => "Compliance"
    "board" => "Board of Directors"
    "executive_committee" => "Executive Committee"
    "invest" => "Investment"
    "admin_finance" => "Administration & Finance"
    "back_to_news" => "back to news"
    "back_to_team" => "Back to team"
    "filter" => "Screening"
    "discover" => "Discover"
    "lbo_mid" => "LBO Mid Cap"
    "lbo_small" => "LBO Small Cap"
    "venture" => "Venture"
    "real_estate" => "Real Estate"
    "debt" => "Debt"
    "send" => "Send"
    "detention" => "Holding period"
    "date_acquisition" => "Acquisition date"
    "date_cession" => "Exit date"
    "country" => "pays"
    "site" => "website"
    "society" => "Company"
    "press" => "Communiqué de presse"
    "download" => "Télécharger le communiqué de presse"
    "all_members" => "See entire team "
    "all_news" => "All"
    "show_more" => "Show more"
    "all" => "All"
    "cookiepro_params" => "Cookies settings"
    "professional_informed_investor" => "Professional/informed investor"
    "financial_advisor" => "Financial advisor"
    "non_professional_investor" => "Non professional investor"
    "access_the_website" => "Access the website"
  ]
  "img" => "https://preprod.lbofrance.com/wp-content/themes/yagami/web/src/img"
  "dist" => "https://preprod.lbofrance.com/wp-content/themes/yagami/web/dist"
  "options" => array:8 [
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    "footer_adveris_title" => "Website creation : Adveris"
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        "link" => array:3 [
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          "url" => "http://www.raccordimage.com/"
          "target" => "_blank"
        ]
      ]
      1 => array:1 [
        "link" => array:3 [
          "title" => "Photos : Encre Noire"
          "url" => "http://www.encrenoire.com/en"
          "target" => "_blank"
        ]
      ]
    ]
    "footer_ml" => array:3 [
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        "title" => "Copyright © 2020 LBO FRANCE"
        "link" => ""
      ]
      1 => array:2 [
        "title" => "Legal notice"
        "link" => "/en/disclaimer/"
      ]
      2 => array:2 [
        "title" => "Contact"
        "link" => "https://www.lbofrance.com/en/contact/"
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    ]
    "link_externe" => array:3 [
      "title" => "Un Autre Regard Créatif"
      "url" => "https://www.un-autre-regard-creatif.com/"
      "target" => "_blank"
    ]
    "script_header" => """
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      function OptanonWrapper() { }\r\n
      </script>\r\n
      <!-- CookiePro Cookies Consent Notice end for www.lbofrance.com -->
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    "social_linkedin" => "https://www.linkedin.com/company/lbo-france?originalSubdomain=it"
    "team_link" => "https://www.lbofrance.com/en/team/"
  ]
  "is_device" => false
  "links" => array:2 [
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          +"db_id": 2486
          +"menu_item_parent": "0"
          +"object_id": "2486"
          +"object": "custom"
          +"type_label": "Custom Link"
          +"target": ""
          +"attr_title": ""
          +"description": ""
          +"xfn": ""
          +"__title": "Expertises"
          +"status": "publish"
          +"name": "Expertises"
        }
        2 => MenuItem {#8361
          +children: []
          +has_child_class: false
          +classes: array:5 [
            0 => ""
            1 => "menu-item"
            2 => "menu-item-type-custom"
            3 => "menu-item-object-custom"
            4 => "menu-item-2492"
          ]
          +class: "menu-item menu-item-type-custom menu-item-object-custom menu-item-2492"
          +level: 0
          +post_name: "portefeuille-2"
          +url: "https://preprod.lbofrance.com/en/portfolio/"
          +PostClass: "Timber\Post"
          +current: false
          +current_item_parent: false
          +current_item_ancestor: false
          #menu: Menu {#415}
          #_name: null
          #_menu_item_object_id: "2492"
          #_menu_item_url: "https://preprod.lbofrance.com/en/portfolio/"
          #menu_object: Post {#8362
            +ImageClass: "Timber\Image"
            +PostClass: "Timber\Post"
            +TermClass: "Timber\Term"
            +object_type: "post"
            +custom: array:10 [ …10]
            #___content: null
            #_permalink: null
            #_next: []
            #_prev: []
            #_css_class: null
            +id: 2492
            +ID: 2492
            +post_author: "1"
            +post_content: ""
            +post_date: "2023-03-21 18:25:18"
            +post_excerpt: ""
            +post_parent: 0
            +post_status: "publish"
            +post_title: "Portfolio"
            +post_type: "nav_menu_item"
            +slug: "portefeuille-2"
            #__type: null
            +"_menu_item_type": "custom"
            +"_menu_item_menu_item_parent": "0"
            +"_menu_item_object_id": "2492"
            +"_menu_item_object": "custom"
            +"_menu_item_target": ""
            +"_menu_item_classes": array:1 [ …1]
            +"_menu_item_xfn": ""
            +"_menu_item_url": "https://preprod.lbofrance.com/en/portfolio/"
            +"_last_translation_edit_mode": "translation-editor"
            +"_wp_old_date": array:4 [ …4]
            +"post_date_gmt": "2019-12-27 10:52:17"
            +"comment_status": "closed"
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            +"post_password": ""
            +"post_name": "portefeuille-2"
            +"to_ping": ""
            +"pinged": ""
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            +"post_modified_gmt": "2023-03-21 17:25:18"
            +"post_content_filtered": ""
            +"guid": "http://preprod.lbofrance.com/portefeuille-2/"
            +"menu_order": 13
            +"post_mime_type": ""
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            +"db_id": 2492
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            +"object_id": "2492"
            +"object": "custom"
            +"type_label": "Custom Link"
            +"url": "https://preprod.lbofrance.com/en/portfolio/"
            +"target": ""
            +"attr_title": ""
            +"description": ""
            +"classes": array:4 [ …4]
            +"xfn": ""
            +"current": false
            +"current_item_ancestor": false
            +"current_item_parent": false
            +"__title": "Portfolio"
            +"status": "publish"
          }
          +id: 2492
          +ID: 2492
          +object_type: "post"
          +"ImageClass": "Timber\Image"
          +"TermClass": "Timber\Term"
          +"custom": array:10 [
            "_menu_item_type" => "custom"
            "_menu_item_menu_item_parent" => "0"
            "_menu_item_object_id" => "2492"
            "_menu_item_object" => "custom"
            "_menu_item_target" => ""
            "_menu_item_classes" => array:1 [ …1]
            "_menu_item_xfn" => ""
            "_menu_item_url" => "https://preprod.lbofrance.com/en/portfolio/"
            "_last_translation_edit_mode" => "translation-editor"
            "_wp_old_date" => array:4 [ …4]
          ]
          +"___content": null
          +"_permalink": null
          +"_next": []
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          +"_css_class": null
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          +"post_content": ""
          +"post_date": "2023-03-21 18:25:18"
          +"post_excerpt": ""
          +"post_parent": 0
          +"post_status": "publish"
          +"post_title": "Portfolio"
          +"post_type": "nav_menu_item"
          +"__type": null
          +"_menu_item_type": "custom"
          +"_menu_item_menu_item_parent": "0"
          +"_menu_item_object": "custom"
          +"_menu_item_target": ""
          +"_menu_item_classes": array:1 [
            0 => ""
          ]
          +"_menu_item_xfn": ""
          +"_last_translation_edit_mode": "translation-editor"
          +"_wp_old_date": array:4 [
            0 => "2019-12-27"
            1 => "2021-05-21"
            2 => "2022-09-09"
            3 => "2022-09-12"
          ]
          +"post_date_gmt": "2019-12-27 10:52:17"
          +"comment_status": "closed"
          +"ping_status": "closed"
          +"post_password": ""
          +"to_ping": ""
          +"pinged": ""
          +"post_modified": "2023-03-21 18:25:18"
          +"post_modified_gmt": "2023-03-21 17:25:18"
          +"post_content_filtered": ""
          +"guid": "http://preprod.lbofrance.com/portefeuille-2/"
          +"menu_order": 13
          +"post_mime_type": ""
          +"comment_count": "0"
          +"filter": "raw"
          +"db_id": 2492
          +"menu_item_parent": "0"
          +"object_id": "2492"
          +"object": "custom"
          +"type_label": "Custom Link"
          +"target": ""
          +"attr_title": ""
          +"description": ""
          +"xfn": ""
          +"__title": "Portfolio"
          +"status": "publish"
          +"name": "Portfolio"
        }
        3 => MenuItem {#8359
          +children: []
          +has_child_class: false
          +classes: array:5 [
            0 => ""
            1 => "menu-item"
            2 => "menu-item-type-custom"
            3 => "menu-item-object-custom"
            4 => "menu-item-2493"
          ]
          +class: "menu-item menu-item-type-custom menu-item-object-custom menu-item-2493"
          +level: 0
          +post_name: "equipe-2"
          +url: "https://preprod.lbofrance.com/en/team/"
          +PostClass: "Timber\Post"
          +current: false
          +current_item_parent: false
          +current_item_ancestor: false
          #menu: Menu {#415}
          #_name: null
          #_menu_item_object_id: "2493"
          #_menu_item_url: "https://preprod.lbofrance.com/en/team/"
          #menu_object: Post {#8360
            +ImageClass: "Timber\Image"
            +PostClass: "Timber\Post"
            +TermClass: "Timber\Term"
            +object_type: "post"
            +custom: array:10 [ …10]
            #___content: null
            #_permalink: null
            #_next: []
            #_prev: []
            #_css_class: null
            +id: 2493
            +ID: 2493
            +post_author: "1"
            +post_content: ""
            +post_date: "2023-03-21 18:25:18"
            +post_excerpt: ""
            +post_parent: 0
            +post_status: "publish"
            +post_title: "Team"
            +post_type: "nav_menu_item"
            +slug: "equipe-2"
            #__type: null
            +"_menu_item_type": "custom"
            +"_menu_item_menu_item_parent": "0"
            +"_menu_item_object_id": "2493"
            +"_menu_item_object": "custom"
            +"_menu_item_target": ""
            +"_menu_item_classes": array:1 [ …1]
            +"_menu_item_xfn": ""
            +"_menu_item_url": "https://preprod.lbofrance.com/en/team/"
            +"_last_translation_edit_mode": "translation-editor"
            +"_wp_old_date": array:4 [ …4]
            +"post_date_gmt": "2019-12-27 10:52:18"
            +"comment_status": "closed"
            +"ping_status": "closed"
            +"post_password": ""
            +"post_name": "equipe-2"
            +"to_ping": ""
            +"pinged": ""
            +"post_modified": "2023-03-21 18:25:18"
            +"post_modified_gmt": "2023-03-21 17:25:18"
            +"post_content_filtered": ""
            +"guid": "http://preprod.lbofrance.com/equipe-2/"
            +"menu_order": 14
            +"post_mime_type": ""
            +"comment_count": "0"
            +"filter": "raw"
            +"db_id": 2493
            +"menu_item_parent": "0"
            +"object_id": "2493"
            +"object": "custom"
            +"type_label": "Custom Link"
            +"url": "https://preprod.lbofrance.com/en/team/"
            +"target": ""
            +"attr_title": ""
            +"description": ""
            +"classes": array:4 [ …4]
            +"xfn": ""
            +"current": false
            +"current_item_ancestor": false
            +"current_item_parent": false
            +"__title": "Team"
            +"status": "publish"
          }
          +id: 2493
          +ID: 2493
          +object_type: "post"
          +"ImageClass": "Timber\Image"
          +"TermClass": "Timber\Term"
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            "_menu_item_type" => "custom"
            "_menu_item_menu_item_parent" => "0"
            "_menu_item_object_id" => "2493"
            "_menu_item_object" => "custom"
            "_menu_item_target" => ""
            "_menu_item_classes" => array:1 [ …1]
            "_menu_item_xfn" => ""
            "_menu_item_url" => "https://preprod.lbofrance.com/en/team/"
            "_last_translation_edit_mode" => "translation-editor"
            "_wp_old_date" => array:4 [ …4]
          ]
          +"___content": null
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          +"_next": []
          +"_prev": []
          +"_css_class": null
          +"post_author": "1"
          +"post_content": ""
          +"post_date": "2023-03-21 18:25:18"
          +"post_excerpt": ""
          +"post_parent": 0
          +"post_status": "publish"
          +"post_title": "Team"
          +"post_type": "nav_menu_item"
          +"__type": null
          +"_menu_item_type": "custom"
          +"_menu_item_menu_item_parent": "0"
          +"_menu_item_object": "custom"
          +"_menu_item_target": ""
          +"_menu_item_classes": array:1 [
            0 => ""
          ]
          +"_menu_item_xfn": ""
          +"_last_translation_edit_mode": "translation-editor"
          +"_wp_old_date": array:4 [
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            1 => "2021-05-21"
            2 => "2022-09-09"
            3 => "2022-09-12"
          ]
          +"post_date_gmt": "2019-12-27 10:52:18"
          +"comment_status": "closed"
          +"ping_status": "closed"
          +"post_password": ""
          +"to_ping": ""
          +"pinged": ""
          +"post_modified": "2023-03-21 18:25:18"
          +"post_modified_gmt": "2023-03-21 17:25:18"
          +"post_content_filtered": ""
          +"guid": "http://preprod.lbofrance.com/equipe-2/"
          +"menu_order": 14
          +"post_mime_type": ""
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          +"db_id": 2493
          +"menu_item_parent": "0"
          +"object_id": "2493"
          +"object": "custom"
          +"type_label": "Custom Link"
          +"target": ""
          +"attr_title": ""
          +"description": ""
          +"xfn": ""
          +"__title": "Team"
          +"status": "publish"
          +"name": "Team"
        }
      ]
      +id: 73
      +ID: 73
      +term_id: 73
      +name: "Main menu - en"
      +title: "Main menu - en"
      +options: array:1 [
        "depth" => 0
      ]
      +raw_options: []
      +theme_location: null
      +TermClass: "Term"
      +object_type: "term"
      +_children: null
      +taxonomy: "nav_menu"
      +"slug": "main-menu-en"
      +"term_group": 0
      +"term_taxonomy_id": 73
      +"parent": 0
      +"count": 14
      +"filter": "raw"
      +"term_order": "0"
    }
    "secondary" => Menu {#7747
      +MenuItemClass: "Timber\MenuItem"
      +PostClass: "Timber\Post"
      +depth: 0
      +items: array:4 [
        0 => MenuItem {#8350
          +children: array:5 [
            0 => MenuItem {#7728 …69}
            1 => MenuItem {#8353 …69}
            2 => MenuItem {#6354 …69}
            3 => MenuItem {#8348 …69}
            4 => MenuItem {#8346 …69}
          ]
          +has_child_class: true
          +classes: array:6 [
            0 => ""
            1 => "menu-item"
            2 => "menu-item-type-post_type"
            3 => "menu-item-object-page"
            4 => "menu-item-2485"
            5 => "menu-item-has-children"
          ]
          +class: "menu-item menu-item-type-post_type menu-item-object-page menu-item-2485 menu-item-has-children"
          +level: 0
          +post_name: "2485"
          +url: "https://preprod.lbofrance.com/en/about-lbo-france/"
          +PostClass: "Timber\Post"
          +current: false
          +current_item_parent: false
          +current_item_ancestor: false
          #menu: Menu {#7747}
          #_name: null
          #_menu_item_object_id: "1555"
          #_menu_item_url: ""
          #menu_object: Post {#8349
            +ImageClass: "Timber\Image"
            +PostClass: "Timber\Post"
            +TermClass: "Timber\Term"
            +object_type: "post"
            +custom: array:10 [ …10]
            #___content: null
            #_permalink: null
            #_next: []
            #_prev: []
            #_css_class: null
            +id: 2485
            +ID: 2485
            +post_author: "1"
            +post_content: " "
            +post_date: "2023-03-21 18:25:18"
            +post_excerpt: ""
            +post_parent: 0
            +post_status: "publish"
            +post_title: ""
            +post_type: "nav_menu_item"
            +slug: "2485"
            #__type: null
            +"_menu_item_type": "post_type"
            +"_menu_item_menu_item_parent": "0"
            +"_menu_item_object_id": "1555"
            +"_menu_item_object": "page"
            +"_menu_item_target": ""
            +"_menu_item_classes": array:1 [ …1]
            +"_menu_item_xfn": ""
            +"_menu_item_url": ""
            +"_last_translation_edit_mode": "translation-editor"
            +"_wp_old_date": array:4 [ …4]
            +"post_date_gmt": "2019-12-27 10:52:08"
            +"comment_status": "closed"
            +"ping_status": "closed"
            +"post_password": ""
            +"post_name": "2485"
            +"to_ping": ""
            +"pinged": ""
            +"post_modified": "2023-03-21 18:25:18"
            +"post_modified_gmt": "2023-03-21 17:25:18"
            +"post_content_filtered": ""
            +"guid": "http://preprod.lbofrance.com/2485/"
            +"menu_order": 1
            +"post_mime_type": ""
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            +"db_id": 2485
            +"menu_item_parent": "0"
            +"object_id": "1555"
            +"object": "page"
            +"type_label": "Page"
            +"url": "https://preprod.lbofrance.com/en/about-lbo-france/"
            +"target": ""
            +"attr_title": ""
            +"description": ""
            +"classes": array:4 [ …4]
            +"xfn": ""
            +"current": false
            +"current_item_ancestor": false
            +"current_item_parent": false
            +"__title": "Company"
            +"status": "publish"
          }
          +id: 2485
          +ID: 2485
          +object_type: "post"
          +"ImageClass": "Timber\Image"
          +"TermClass": "Timber\Term"
          +"custom": array:10 [
            "_menu_item_type" => "post_type"
            "_menu_item_menu_item_parent" => "0"
            "_menu_item_object_id" => "1555"
            "_menu_item_object" => "page"
            "_menu_item_target" => ""
            "_menu_item_classes" => array:1 [ …1]
            "_menu_item_xfn" => ""
            "_menu_item_url" => ""
            "_last_translation_edit_mode" => "translation-editor"
            "_wp_old_date" => array:4 [ …4]
          ]
          +"___content": null
          +"_permalink": null
          +"_next": []
          +"_prev": []
          +"_css_class": null
          +"post_author": "1"
          +"post_content": " "
          +"post_date": "2023-03-21 18:25:18"
          +"post_excerpt": ""
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          +"post_status": "publish"
          +"post_title": ""
          +"post_type": "nav_menu_item"
          +"__type": null
          +"_menu_item_type": "post_type"
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          +"_menu_item_object": "page"
          +"_menu_item_target": ""
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            0 => ""
          ]
          +"_menu_item_xfn": ""
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          +"_wp_old_date": array:4 [
            0 => "2019-12-27"
            1 => "2021-05-21"
            2 => "2022-09-09"
            3 => "2022-09-12"
          ]
          +"post_date_gmt": "2019-12-27 10:52:08"
          +"comment_status": "closed"
          +"ping_status": "closed"
          +"post_password": ""
          +"to_ping": ""
          +"pinged": ""
          +"post_modified": "2023-03-21 18:25:18"
          +"post_modified_gmt": "2023-03-21 17:25:18"
          +"post_content_filtered": ""
          +"guid": "http://preprod.lbofrance.com/2485/"
          +"menu_order": 1
          +"post_mime_type": ""
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          +"db_id": 2485
          +"menu_item_parent": "0"
          +"object_id": "1555"
          +"object": "page"
          +"type_label": "Page"
          +"target": ""
          +"attr_title": ""
          +"description": ""
          +"xfn": ""
          +"__title": "Company"
          +"status": "publish"
          +"name": "Company"
        }
        1 => MenuItem {#8344
          +children: array:5 [
            0 => MenuItem {#8342 …70}
            1 => MenuItem {#8340 …70}
            2 => MenuItem {#8338 …70}
            3 => MenuItem {#8336 …70}
            4 => MenuItem {#8334 …70}
          ]
          +has_child_class: true
          +classes: array:8 [
            0 => ""
            1 => "menu-item"
            2 => "menu-item-type-custom"
            3 => "menu-item-object-custom"
            4 => "current-menu-ancestor"
            5 => "current-menu-parent"
            6 => "menu-item-2486"
            7 => "menu-item-has-children"
          ]
          +class: "menu-item menu-item-type-custom menu-item-object-custom current-menu-ancestor current-menu-parent menu-item-2486 menu-item-has-children"
          +level: 0
          +post_name: "activites"
          +url: "#"
          +PostClass: "Timber\Post"
          +current: false
          +current_item_parent: true
          +current_item_ancestor: true
          #menu: Menu {#7747}
          #_name: null
          #_menu_item_object_id: "2486"
          #_menu_item_url: "#"
          #menu_object: Post {#8343
            +ImageClass: "Timber\Image"
            +PostClass: "Timber\Post"
            +TermClass: "Timber\Term"
            +object_type: "post"
            +custom: array:10 [ …10]
            #___content: null
            #_permalink: null
            #_next: []
            #_prev: []
            #_css_class: null
            +id: 2486
            +ID: 2486
            +post_author: "1"
            +post_content: ""
            +post_date: "2023-03-21 18:25:18"
            +post_excerpt: ""
            +post_parent: 0
            +post_status: "publish"
            +post_title: "Expertises"
            +post_type: "nav_menu_item"
            +slug: "activites"
            #__type: null
            +"_menu_item_type": "custom"
            +"_menu_item_menu_item_parent": "0"
            +"_menu_item_object_id": "2486"
            +"_menu_item_object": "custom"
            +"_menu_item_target": ""
            +"_menu_item_classes": array:1 [ …1]
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            +"_menu_item_url": "#"
            +"_last_translation_edit_mode": "translation-editor"
            +"_wp_old_date": array:4 [ …4]
            +"post_date_gmt": "2019-12-27 10:52:09"
            +"comment_status": "closed"
            +"ping_status": "closed"
            +"post_password": ""
            +"post_name": "activites"
            +"to_ping": ""
            +"pinged": ""
            +"post_modified": "2023-03-21 18:25:18"
            +"post_modified_gmt": "2023-03-21 17:25:18"
            +"post_content_filtered": ""
            +"guid": "http://preprod.lbofrance.com/activites/"
            +"menu_order": 7
            +"post_mime_type": ""
            +"comment_count": "0"
            +"filter": "raw"
            +"db_id": 2486
            +"menu_item_parent": "0"
            +"object_id": "2486"
            +"object": "custom"
            +"type_label": "Custom Link"
            +"url": "#"
            +"target": ""
            +"attr_title": ""
            +"description": ""
            +"classes": array:6 [ …6]
            +"xfn": ""
            +"current": false
            +"current_item_ancestor": true
            +"current_item_parent": true
            +"__title": "Expertises"
            +"status": "publish"
          }
          +id: 2486
          +ID: 2486
          +object_type: "post"
          +"ImageClass": "Timber\Image"
          +"TermClass": "Timber\Term"
          +"custom": array:10 [
            "_menu_item_type" => "custom"
            "_menu_item_menu_item_parent" => "0"
            "_menu_item_object_id" => "2486"
            "_menu_item_object" => "custom"
            "_menu_item_target" => ""
            "_menu_item_classes" => array:1 [ …1]
            "_menu_item_xfn" => ""
            "_menu_item_url" => "#"
            "_last_translation_edit_mode" => "translation-editor"
            "_wp_old_date" => array:4 [ …4]
          ]
          +"___content": null
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          +"_prev": []
          +"_css_class": null
          +"post_author": "1"
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          +"post_date": "2023-03-21 18:25:18"
          +"post_excerpt": ""
          +"post_parent": 0
          +"post_status": "publish"
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          +"_menu_item_type": "custom"
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            0 => ""
          ]
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          +"_wp_old_date": array:4 [
            0 => "2019-12-27"
            1 => "2021-05-21"
            2 => "2022-09-09"
            3 => "2022-09-12"
          ]
          +"post_date_gmt": "2019-12-27 10:52:09"
          +"comment_status": "closed"
          +"ping_status": "closed"
          +"post_password": ""
          +"to_ping": ""
          +"pinged": ""
          +"post_modified": "2023-03-21 18:25:18"
          +"post_modified_gmt": "2023-03-21 17:25:18"
          +"post_content_filtered": ""
          +"guid": "http://preprod.lbofrance.com/activites/"
          +"menu_order": 7
          +"post_mime_type": ""
          +"comment_count": "0"
          +"filter": "raw"
          +"db_id": 2486
          +"menu_item_parent": "0"
          +"object_id": "2486"
          +"object": "custom"
          +"type_label": "Custom Link"
          +"target": ""
          +"attr_title": ""
          +"description": ""
          +"xfn": ""
          +"__title": "Expertises"
          +"status": "publish"
          +"name": "Expertises"
        }
        2 => MenuItem {#8332
          +children: []
          +has_child_class: false
          +classes: array:5 [
            0 => ""
            1 => "menu-item"
            2 => "menu-item-type-custom"
            3 => "menu-item-object-custom"
            4 => "menu-item-2492"
          ]
          +class: "menu-item menu-item-type-custom menu-item-object-custom menu-item-2492"
          +level: 0
          +post_name: "portefeuille-2"
          +url: "https://preprod.lbofrance.com/en/portfolio/"
          +PostClass: "Timber\Post"
          +current: false
          +current_item_parent: false
          +current_item_ancestor: false
          #menu: Menu {#7747}
          #_name: null
          #_menu_item_object_id: "2492"
          #_menu_item_url: "https://preprod.lbofrance.com/en/portfolio/"
          #menu_object: Post {#8333
            +ImageClass: "Timber\Image"
            +PostClass: "Timber\Post"
            +TermClass: "Timber\Term"
            +object_type: "post"
            +custom: array:10 [ …10]
            #___content: null
            #_permalink: null
            #_next: []
            #_prev: []
            #_css_class: null
            +id: 2492
            +ID: 2492
            +post_author: "1"
            +post_content: ""
            +post_date: "2023-03-21 18:25:18"
            +post_excerpt: ""
            +post_parent: 0
            +post_status: "publish"
            +post_title: "Portfolio"
            +post_type: "nav_menu_item"
            +slug: "portefeuille-2"
            #__type: null
            +"_menu_item_type": "custom"
            +"_menu_item_menu_item_parent": "0"
            +"_menu_item_object_id": "2492"
            +"_menu_item_object": "custom"
            +"_menu_item_target": ""
            +"_menu_item_classes": array:1 [ …1]
            +"_menu_item_xfn": ""
            +"_menu_item_url": "https://preprod.lbofrance.com/en/portfolio/"
            +"_last_translation_edit_mode": "translation-editor"
            +"_wp_old_date": array:4 [ …4]
            +"post_date_gmt": "2019-12-27 10:52:17"
            +"comment_status": "closed"
            +"ping_status": "closed"
            +"post_password": ""
            +"post_name": "portefeuille-2"
            +"to_ping": ""
            +"pinged": ""
            +"post_modified": "2023-03-21 18:25:18"
            +"post_modified_gmt": "2023-03-21 17:25:18"
            +"post_content_filtered": ""
            +"guid": "http://preprod.lbofrance.com/portefeuille-2/"
            +"menu_order": 13
            +"post_mime_type": ""
            +"comment_count": "0"
            +"filter": "raw"
            +"db_id": 2492
            +"menu_item_parent": "0"
            +"object_id": "2492"
            +"object": "custom"
            +"type_label": "Custom Link"
            +"url": "https://preprod.lbofrance.com/en/portfolio/"
            +"target": ""
            +"attr_title": ""
            +"description": ""
            +"classes": array:4 [ …4]
            +"xfn": ""
            +"current": false
            +"current_item_ancestor": false
            +"current_item_parent": false
            +"__title": "Portfolio"
            +"status": "publish"
          }
          +id: 2492
          +ID: 2492
          +object_type: "post"
          +"ImageClass": "Timber\Image"
          +"TermClass": "Timber\Term"
          +"custom": array:10 [
            "_menu_item_type" => "custom"
            "_menu_item_menu_item_parent" => "0"
            "_menu_item_object_id" => "2492"
            "_menu_item_object" => "custom"
            "_menu_item_target" => ""
            "_menu_item_classes" => array:1 [ …1]
            "_menu_item_xfn" => ""
            "_menu_item_url" => "https://preprod.lbofrance.com/en/portfolio/"
            "_last_translation_edit_mode" => "translation-editor"
            "_wp_old_date" => array:4 [ …4]
          ]
          +"___content": null
          +"_permalink": null
          +"_next": []
          +"_prev": []
          +"_css_class": null
          +"post_author": "1"
          +"post_content": ""
          +"post_date": "2023-03-21 18:25:18"
          +"post_excerpt": ""
          +"post_parent": 0
          +"post_status": "publish"
          +"post_title": "Portfolio"
          +"post_type": "nav_menu_item"
          +"__type": null
          +"_menu_item_type": "custom"
          +"_menu_item_menu_item_parent": "0"
          +"_menu_item_object": "custom"
          +"_menu_item_target": ""
          +"_menu_item_classes": array:1 [
            0 => ""
          ]
          +"_menu_item_xfn": ""
          +"_last_translation_edit_mode": "translation-editor"
          +"_wp_old_date": array:4 [
            0 => "2019-12-27"
            1 => "2021-05-21"
            2 => "2022-09-09"
            3 => "2022-09-12"
          ]
          +"post_date_gmt": "2019-12-27 10:52:17"
          +"comment_status": "closed"
          +"ping_status": "closed"
          +"post_password": ""
          +"to_ping": ""
          +"pinged": ""
          +"post_modified": "2023-03-21 18:25:18"
          +"post_modified_gmt": "2023-03-21 17:25:18"
          +"post_content_filtered": ""
          +"guid": "http://preprod.lbofrance.com/portefeuille-2/"
          +"menu_order": 13
          +"post_mime_type": ""
          +"comment_count": "0"
          +"filter": "raw"
          +"db_id": 2492
          +"menu_item_parent": "0"
          +"object_id": "2492"
          +"object": "custom"
          +"type_label": "Custom Link"
          +"target": ""
          +"attr_title": ""
          +"description": ""
          +"xfn": ""
          +"__title": "Portfolio"
          +"status": "publish"
          +"name": "Portfolio"
        }
        3 => MenuItem {#8330
          +children: []
          +has_child_class: false
          +classes: array:5 [
            0 => ""
            1 => "menu-item"
            2 => "menu-item-type-custom"
            3 => "menu-item-object-custom"
            4 => "menu-item-2493"
          ]
          +class: "menu-item menu-item-type-custom menu-item-object-custom menu-item-2493"
          +level: 0
          +post_name: "equipe-2"
          +url: "https://preprod.lbofrance.com/en/team/"
          +PostClass: "Timber\Post"
          +current: false
          +current_item_parent: false
          +current_item_ancestor: false
          #menu: Menu {#7747}
          #_name: null
          #_menu_item_object_id: "2493"
          #_menu_item_url: "https://preprod.lbofrance.com/en/team/"
          #menu_object: Post {#8331
            +ImageClass: "Timber\Image"
            +PostClass: "Timber\Post"
            +TermClass: "Timber\Term"
            +object_type: "post"
            +custom: array:10 [ …10]
            #___content: null
            #_permalink: null
            #_next: []
            #_prev: []
            #_css_class: null
            +id: 2493
            +ID: 2493
            +post_author: "1"
            +post_content: ""
            +post_date: "2023-03-21 18:25:18"
            +post_excerpt: ""
            +post_parent: 0
            +post_status: "publish"
            +post_title: "Team"
            +post_type: "nav_menu_item"
            +slug: "equipe-2"
            #__type: null
            +"_menu_item_type": "custom"
            +"_menu_item_menu_item_parent": "0"
            +"_menu_item_object_id": "2493"
            +"_menu_item_object": "custom"
            +"_menu_item_target": ""
            +"_menu_item_classes": array:1 [ …1]
            +"_menu_item_xfn": ""
            +"_menu_item_url": "https://preprod.lbofrance.com/en/team/"
            +"_last_translation_edit_mode": "translation-editor"
            +"_wp_old_date": array:4 [ …4]
            +"post_date_gmt": "2019-12-27 10:52:18"
            +"comment_status": "closed"
            +"ping_status": "closed"
            +"post_password": ""
            +"post_name": "equipe-2"
            +"to_ping": ""
            +"pinged": ""
            +"post_modified": "2023-03-21 18:25:18"
            +"post_modified_gmt": "2023-03-21 17:25:18"
            +"post_content_filtered": ""
            +"guid": "http://preprod.lbofrance.com/equipe-2/"
            +"menu_order": 14
            +"post_mime_type": ""
            +"comment_count": "0"
            +"filter": "raw"
            +"db_id": 2493
            +"menu_item_parent": "0"
            +"object_id": "2493"
            +"object": "custom"
            +"type_label": "Custom Link"
            +"url": "https://preprod.lbofrance.com/en/team/"
            +"target": ""
            +"attr_title": ""
            +"description": ""
            +"classes": array:4 [ …4]
            +"xfn": ""
            +"current": false
            +"current_item_ancestor": false
            +"current_item_parent": false
            +"__title": "Team"
            +"status": "publish"
          }
          +id: 2493
          +ID: 2493
          +object_type: "post"
          +"ImageClass": "Timber\Image"
          +"TermClass": "Timber\Term"
          +"custom": array:10 [
            "_menu_item_type" => "custom"
            "_menu_item_menu_item_parent" => "0"
            "_menu_item_object_id" => "2493"
            "_menu_item_object" => "custom"
            "_menu_item_target" => ""
            "_menu_item_classes" => array:1 [ …1]
            "_menu_item_xfn" => ""
            "_menu_item_url" => "https://preprod.lbofrance.com/en/team/"
            "_last_translation_edit_mode" => "translation-editor"
            "_wp_old_date" => array:4 [ …4]
          ]
          +"___content": null
          +"_permalink": null
          +"_next": []
          +"_prev": []
          +"_css_class": null
          +"post_author": "1"
          +"post_content": ""
          +"post_date": "2023-03-21 18:25:18"
          +"post_excerpt": ""
          +"post_parent": 0
          +"post_status": "publish"
          +"post_title": "Team"
          +"post_type": "nav_menu_item"
          +"__type": null
          +"_menu_item_type": "custom"
          +"_menu_item_menu_item_parent": "0"
          +"_menu_item_object": "custom"
          +"_menu_item_target": ""
          +"_menu_item_classes": array:1 [
            0 => ""
          ]
          +"_menu_item_xfn": ""
          +"_last_translation_edit_mode": "translation-editor"
          +"_wp_old_date": array:4 [
            0 => "2019-12-27"
            1 => "2021-05-21"
            2 => "2022-09-09"
            3 => "2022-09-12"
          ]
          +"post_date_gmt": "2019-12-27 10:52:18"
          +"comment_status": "closed"
          +"ping_status": "closed"
          +"post_password": ""
          +"to_ping": ""
          +"pinged": ""
          +"post_modified": "2023-03-21 18:25:18"
          +"post_modified_gmt": "2023-03-21 17:25:18"
          +"post_content_filtered": ""
          +"guid": "http://preprod.lbofrance.com/equipe-2/"
          +"menu_order": 14
          +"post_mime_type": ""
          +"comment_count": "0"
          +"filter": "raw"
          +"db_id": 2493
          +"menu_item_parent": "0"
          +"object_id": "2493"
          +"object": "custom"
          +"type_label": "Custom Link"
          +"target": ""
          +"attr_title": ""
          +"description": ""
          +"xfn": ""
          +"__title": "Team"
          +"status": "publish"
          +"name": "Team"
        }
      ]
      +id: 73
      +ID: 73
      +term_id: 73
      +name: "Main menu - en"
      +title: "Main menu - en"
      +options: array:1 [
        "depth" => 0
      ]
      +raw_options: []
      +theme_location: null
      +TermClass: "Term"
      +object_type: "term"
      +_children: null
      +taxonomy: "nav_menu"
      +"slug": "main-menu-en"
      +"term_group": 0
      +"term_taxonomy_id": 73
      +"parent": 0
      +"count": 14
      +"filter": "raw"
      +"term_order": "0"
    }
    "footer" => Menu {#8354
      +MenuItemClass: "Timber\MenuItem"
      +PostClass: "Timber\Post"
      +depth: 0
      +items: array:4 [
        0 => MenuItem {#8321
          +children: array:5 [
            0 => MenuItem {#7725 …69}
            1 => MenuItem {#8324 …69}
            2 => MenuItem {#7741 …69}
            3 => MenuItem {#8319 …69}
            4 => MenuItem {#8317 …69}
          ]
          +has_child_class: true
          +classes: array:6 [
            0 => ""
            1 => "menu-item"
            2 => "menu-item-type-post_type"
            3 => "menu-item-object-page"
            4 => "menu-item-2485"
            5 => "menu-item-has-children"
          ]
          +class: "menu-item menu-item-type-post_type menu-item-object-page menu-item-2485 menu-item-has-children"
          +level: 0
          +post_name: "2485"
          +url: "https://preprod.lbofrance.com/en/about-lbo-france/"
          +PostClass: "Timber\Post"
          +current: false
          +current_item_parent: false
          +current_item_ancestor: false
          #menu: Menu {#8354}
          #_name: null
          #_menu_item_object_id: "1555"
          #_menu_item_url: ""
          #menu_object: Post {#8320
            +ImageClass: "Timber\Image"
            +PostClass: "Timber\Post"
            +TermClass: "Timber\Term"
            +object_type: "post"
            +custom: array:10 [ …10]
            #___content: null
            #_permalink: null
            #_next: []
            #_prev: []
            #_css_class: null
            +id: 2485
            +ID: 2485
            +post_author: "1"
            +post_content: " "
            +post_date: "2023-03-21 18:25:18"
            +post_excerpt: ""
            +post_parent: 0
            +post_status: "publish"
            +post_title: ""
            +post_type: "nav_menu_item"
            +slug: "2485"
            #__type: null
            +"_menu_item_type": "post_type"
            +"_menu_item_menu_item_parent": "0"
            +"_menu_item_object_id": "1555"
            +"_menu_item_object": "page"
            +"_menu_item_target": ""
            +"_menu_item_classes": array:1 [ …1]
            +"_menu_item_xfn": ""
            +"_menu_item_url": ""
            +"_last_translation_edit_mode": "translation-editor"
            +"_wp_old_date": array:4 [ …4]
            +"post_date_gmt": "2019-12-27 10:52:08"
            +"comment_status": "closed"
            +"ping_status": "closed"
            +"post_password": ""
            +"post_name": "2485"
            +"to_ping": ""
            +"pinged": ""
            +"post_modified": "2023-03-21 18:25:18"
            +"post_modified_gmt": "2023-03-21 17:25:18"
            +"post_content_filtered": ""
            +"guid": "http://preprod.lbofrance.com/2485/"
            +"menu_order": 1
            +"post_mime_type": ""
            +"comment_count": "0"
            +"filter": "raw"
            +"db_id": 2485
            +"menu_item_parent": "0"
            +"object_id": "1555"
            +"object": "page"
            +"type_label": "Page"
            +"url": "https://preprod.lbofrance.com/en/about-lbo-france/"
            +"target": ""
            +"attr_title": ""
            +"description": ""
            +"classes": array:4 [ …4]
            +"xfn": ""
            +"current": false
            +"current_item_ancestor": false
            +"current_item_parent": false
            +"__title": "Company"
            +"status": "publish"
          }
          +id: 2485
          +ID: 2485
          +object_type: "post"
          +"ImageClass": "Timber\Image"
          +"TermClass": "Timber\Term"
          +"custom": array:10 [
            "_menu_item_type" => "post_type"
            "_menu_item_menu_item_parent" => "0"
            "_menu_item_object_id" => "1555"
            "_menu_item_object" => "page"
            "_menu_item_target" => ""
            "_menu_item_classes" => array:1 [ …1]
            "_menu_item_xfn" => ""
            "_menu_item_url" => ""
            "_last_translation_edit_mode" => "translation-editor"
            "_wp_old_date" => array:4 [ …4]
          ]
          +"___content": null
          +"_permalink": null
          +"_next": []
          +"_prev": []
          +"_css_class": null
          +"post_author": "1"
          +"post_content": " "
          +"post_date": "2023-03-21 18:25:18"
          +"post_excerpt": ""
          +"post_parent": 0
          +"post_status": "publish"
          +"post_title": ""
          +"post_type": "nav_menu_item"
          +"__type": null
          +"_menu_item_type": "post_type"
          +"_menu_item_menu_item_parent": "0"
          +"_menu_item_object": "page"
          +"_menu_item_target": ""
          +"_menu_item_classes": array:1 [
            0 => ""
          ]
          +"_menu_item_xfn": ""
          +"_last_translation_edit_mode": "translation-editor"
          +"_wp_old_date": array:4 [
            0 => "2019-12-27"
            1 => "2021-05-21"
            2 => "2022-09-09"
            3 => "2022-09-12"
          ]
          +"post_date_gmt": "2019-12-27 10:52:08"
          +"comment_status": "closed"
          +"ping_status": "closed"
          +"post_password": ""
          +"to_ping": ""
          +"pinged": ""
          +"post_modified": "2023-03-21 18:25:18"
          +"post_modified_gmt": "2023-03-21 17:25:18"
          +"post_content_filtered": ""
          +"guid": "http://preprod.lbofrance.com/2485/"
          +"menu_order": 1
          +"post_mime_type": ""
          +"comment_count": "0"
          +"filter": "raw"
          +"db_id": 2485
          +"menu_item_parent": "0"
          +"object_id": "1555"
          +"object": "page"
          +"type_label": "Page"
          +"target": ""
          +"attr_title": ""
          +"description": ""
          +"xfn": ""
          +"__title": "Company"
          +"status": "publish"
          +"name": "Company"
        }
        1 => MenuItem {#8315
          +children: array:5 [
            0 => MenuItem {#8313 …70}
            1 => MenuItem {#8311 …70}
            2 => MenuItem {#8309 …70}
            3 => MenuItem {#8307 …70}
            4 => MenuItem {#8305 …70}
          ]
          +has_child_class: true
          +classes: array:8 [
            0 => ""
            1 => "menu-item"
            2 => "menu-item-type-custom"
            3 => "menu-item-object-custom"
            4 => "current-menu-ancestor"
            5 => "current-menu-parent"
            6 => "menu-item-2486"
            7 => "menu-item-has-children"
          ]
          +class: "menu-item menu-item-type-custom menu-item-object-custom current-menu-ancestor current-menu-parent menu-item-2486 menu-item-has-children"
          +level: 0
          +post_name: "activites"
          +url: "#"
          +PostClass: "Timber\Post"
          +current: false
          +current_item_parent: true
          +current_item_ancestor: true
          #menu: Menu {#8354}
          #_name: null
          #_menu_item_object_id: "2486"
          #_menu_item_url: "#"
          #menu_object: Post {#8314
            +ImageClass: "Timber\Image"
            +PostClass: "Timber\Post"
            +TermClass: "Timber\Term"
            +object_type: "post"
            +custom: array:10 [ …10]
            #___content: null
            #_permalink: null
            #_next: []
            #_prev: []
            #_css_class: null
            +id: 2486
            +ID: 2486
            +post_author: "1"
            +post_content: ""
            +post_date: "2023-03-21 18:25:18"
            +post_excerpt: ""
            +post_parent: 0
            +post_status: "publish"
            +post_title: "Expertises"
            +post_type: "nav_menu_item"
            +slug: "activites"
            #__type: null
            +"_menu_item_type": "custom"
            +"_menu_item_menu_item_parent": "0"
            +"_menu_item_object_id": "2486"
            +"_menu_item_object": "custom"
            +"_menu_item_target": ""
            +"_menu_item_classes": array:1 [ …1]
            +"_menu_item_xfn": ""
            +"_menu_item_url": "#"
            +"_last_translation_edit_mode": "translation-editor"
            +"_wp_old_date": array:4 [ …4]
            +"post_date_gmt": "2019-12-27 10:52:09"
            +"comment_status": "closed"
            +"ping_status": "closed"
            +"post_password": ""
            +"post_name": "activites"
            +"to_ping": ""
            +"pinged": ""
            +"post_modified": "2023-03-21 18:25:18"
            +"post_modified_gmt": "2023-03-21 17:25:18"
            +"post_content_filtered": ""
            +"guid": "http://preprod.lbofrance.com/activites/"
            +"menu_order": 7
            +"post_mime_type": ""
             …18
          }
          +id: 2486
          +ID: 2486
          +object_type: "post"
          +"ImageClass": "Timber\Image"
          +"TermClass": "Timber\Term"
          +"custom": array:10 [ …10]
          +"___content": null
          +"_permalink": null
          +"_next": []
          +"_prev": []
          +"_css_class": null
          +"post_author": "1"
          +"post_content": ""
          +"post_date": "2023-03-21 18:25:18"
          +"post_excerpt": ""
          +"post_parent": 0
          +"post_status": "publish"
          +"post_title": "Expertises"
          +"post_type": "nav_menu_item"
          +"__type": null
          +"_menu_item_type": "custom"
          +"_menu_item_menu_item_parent": "0"
          +"_menu_item_object": "custom"
          +"_menu_item_target": ""
          +"_menu_item_classes": array:1 [ …1]
          +"_menu_item_xfn": ""
          +"_last_translation_edit_mode": "translation-editor"
          +"_wp_old_date": array:4 [ …4]
          +"post_date_gmt": "2019-12-27 10:52:09"
          +"comment_status": "closed"
          +"ping_status": "closed"
          +"post_password": ""
          +"to_ping": ""
          +"pinged": ""
          +"post_modified": "2023-03-21 18:25:18"
          +"post_modified_gmt": "2023-03-21 17:25:18"
          +"post_content_filtered": ""
          +"guid": "http://preprod.lbofrance.com/activites/"
          +"menu_order": 7
          +"post_mime_type": ""
          +"comment_count": "0"
          +"filter": "raw"
          +"db_id": 2486
          +"menu_item_parent": "0"
          +"object_id": "2486"
          +"object": "custom"
          +"type_label": "Custom Link"
          +"target": ""
          +"attr_title": ""
          +"description": ""
          +"xfn": ""
          +"__title": "Expertises"
          +"status": "publish"
          +"name": "Expertises"
        }
        2 => MenuItem {#8303
          +children: []
          +has_child_class: false
          +classes: array:5 [ …5]
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          #menu: Menu {#8354}
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          #menu_object: Post {#8304 …63}
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          +"__title": "Portfolio"
          +"status": "publish"
          +"name": "Portfolio"
        }
        3 => MenuItem {#8301
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          #menu_object: Post {#8302 …63}
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User


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