{"id":31192,"date":"2022-02-17T09:36:00","date_gmt":"2022-02-17T08:36:00","guid":{"rendered":"https:\/\/ethifinance.com\/?post_type=news&#038;p=31192"},"modified":"2026-02-24T16:10:01","modified_gmt":"2026-02-24T15:10:01","slug":"qivalio-rachete-axesor-agence-notation","status":"publish","type":"news","link":"https:\/\/www.ethifinance.com\/fr\/?news=qivalio-rachete-axesor-agence-notation","title":{"rendered":"L\u2019agence de notation fran\u00e7aise Qivalio rach\u00e8te l\u2019espagnole Axesor \u2013 Les Echos"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\">Qivalio et Axesor se rapprochent dans un march\u00e9 o\u00f9 r\u00e8gnent sans partage les trois am\u00e9ricaines S &amp; P, Moody\u2019s et Fitch. Ensemble, ils vont former une agence europ\u00e9enne sp\u00e9cialis\u00e9e dans la notation financi\u00e8re mais aussi ESG (Environnemental, Social et Gouvernance). Et ce, alors m\u00eame que le livre \u00ab&nbsp;Les Fossoyeurs&nbsp;\u00bb pointe du doigt ce type d\u2019agences, qui n\u2019ont pas vu les dysfonctionnements chez Orpea.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Par Laurence Boisseau<br>17 fevrier (Les Echos) \u2014 Sur le march\u00e9 de la notation de cr\u00e9dit, pour exister, il faut grossir afin d\u2019atteindre la taille critique. Les entreprises comme les investisseurs s\u2019interrogent toujours sur la valeur d\u2019une note \u00e9mise par une<br>petite agence avec une faible notori\u00e9t\u00e9. Qivalio, la petite agence de notation fran\u00e7aise, l\u2019a bien compris. Elle vient d\u2019acqu\u00e9rir Axesor Rating, une autre agence de notation espagnole.<br>L\u2019op\u00e9ration aura un impact sur chacune d\u2019elles. La nouvelle entit\u00e9 fusionn\u00e9e va pouvoir offrir une gamme de services plus large en France, en Espagne et au Portugal. Elle proposera de la notation int\u00e9gr\u00e9e, financi\u00e8re et ESG<br>(Environnemental, Social et Gouvernance). Son r\u00eave est de devenir \u00ab&nbsp;l\u2019agence europ\u00e9enne de r\u00e9f\u00e9rence pionni\u00e8re de la double mat\u00e9rialit\u00e9&nbsp;\u00bb. En clair, elle \u00e9tudiera \u00e0 la fois les impacts de l\u2019environnement sur l\u2019entreprise et de l\u2019entreprise sur son environnement.<br>Qivalio a \u00e9t\u00e9 fond\u00e9e \u00e0 Lyon en 2004. Elle s\u2019appelait alors Spread Research et elle a fait ses armes dans la recherche et la notation des obligations \u00e0 haut rendement. En 2017, elle s\u2019est associ\u00e9e \u00e0 EthiFinance, sp\u00e9cialis\u00e9e dans la notation extra-financi\u00e8re et l\u2019investissement socialement responsable (ISR) gr\u00e2ce \u00e0 l\u2019entremise d\u2019institutionnels fran\u00e7ais (comme AG2R La Mondiale, Bpifrance, Groupama Rh\u00f4ne-Alpes Auvergne, Siparex) qui sont devenus, par la suite, ses actionnaires de r\u00e9f\u00e9rence. Elle a pris le nom de Qivalio, et depuis juillet 2020, elle est d\u00e9tenue majoritairement par Androm\u00e8de, le family office de la famille H\u00e9riard-Dubreuil, actionnaire de R\u00e9my Cointreau. De son c\u00f4t\u00e9, Axesor Rating est une division du groupe Axesor, \u00e9tabli \u00e0 Grenade depuis 1996 et sp\u00e9cialis\u00e9 dans la gestion des risques de cr\u00e9dit. Axesor Rating a obtenu son agr\u00e9ment en 2012 aupr\u00e8s de l\u2019ESMA.[\u2026]<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Qivalio et Axesor se rapprochent dans un march\u00e9 o\u00f9 r\u00e8gnent sans partage les trois am\u00e9ricaines S &amp; P, Moody\u2019s et Fitch. Ensemble, ils vont former une agence europ\u00e9enne sp\u00e9cialis\u00e9e dans la notation financi\u00e8re mais aussi ESG (Environnemental, Social et Gouvernance). Et ce, alors m\u00eame que le livre \u00ab&nbsp;Les Fossoyeurs&nbsp;\u00bb pointe du doigt ce type d\u2019agences, [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"parent":0,"template":"","meta":{"_acf_changed":false,"footnotes":""},"class_list":["post-31192","news","type-news","status-publish","hentry"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.6 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>L\u2019agence de notation fran\u00e7aise Qivalio rach\u00e8te l\u2019espagnole Axesor \u2013 Les Echos - EthiFinance<\/title>\n<meta name=\"description\" content=\"L\u2019agence fran\u00e7aise Qivalio rach\u00e8te l\u2019espagnole Axesor, renfor\u00e7ant sa pr\u00e9sence europ\u00e9enne et son expertise en notation financi\u00e8re.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.ethifinance.com\/fr\/?news=qivalio-rachete-axesor-agence-notation\" \/>\n<meta property=\"og:locale\" content=\"fr_FR\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"L\u2019agence de notation fran\u00e7aise Qivalio rach\u00e8te l\u2019espagnole Axesor \u2013 Les Echos - 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