Groupe VIT Expands Presence with Eurodécor Acquisition
Deal News | Jan 13, 2025 | UI Investissement
The article discusses the strategic acquisition by Groupe VIT, a leading glass products manufacturer, to enhance their territorial reach and increase market share. After a secondary LBO operation by UI Investissement in early 2024 to support Mickael Labrosse's expansion plans, Groupe VIT acquired Eurodécor, a company rooted in glass cutting and insulating glazing manufacturing, based in Aurillac. This acquisition aligns with VIT's vision to reinforce its regional presence and grow its market share by leveraging Eurodécor's established reputation in previously unserved areas. The strategic purchase is set against a backdrop of ambitious growth aims, with Groupe VIT seeking to reach a turnover of €45 million by 2028, supported by increased industrial investment and an expansive commercial strategy that may include further acquisitions. Financial backing from premier partners like Carvest, Bpifrance, and UI Investissement ensures that Groupe VIT is well-positioned to pursue this development and position itself as an industry reference. Furthermore, the company emphasizes its commitment to environmental sustainability and strives to become a regenerative business, aligning economic priorities with ecological actions.
Sectors
- Glass Manufacturing
- Private Equity
- Construction Materials
Geography
- France – Both Groupe VIT and Eurodécor operate in France, specifically focusing on expanding market presence across various French departments.
Industry
- Glass Manufacturing – The acquisition and development strategy revolves around companies involved in glass production and supply.
- Private Equity – UI Investissement and other financial backers are involved in funding and guiding the growth strategy.
- Construction Materials – Groupe VIT's products are intended for the building sector, serving artisans and industrial professionals.
Financials
- €33 million – Groupe VIT's revenue in 2023.
- €45 million – Groupe VIT's targeted revenue by 2028.
- €4 million – Eurodécor's revenue.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Groupe VIT | Target Company | Company | A leading producer of high-value glass products, expanding its market through acquisitions. |
| Eurodécor | Selling Company | Company | Specializes in glass cutting and insulating glazing, targeted for acquisition by Groupe VIT. |
| UI Investissement | Private Equity Firm | Company | Supported the secondary LBO operation to aid Mickael Labrosse's growth plans for Groupe VIT. |
| Carvest | Financial Partner | Company | Provides financial backing for Groupe VIT's development. |
| Bpifrance | Financial Partner | Company | Supports Groupe VIT with financial resources necessary for expansion. |
| Mermoz | Legal Advisor for Acquirer | Company | Provides legal advice to the acquiring party, Groupe VIT. |
| Auditis | Advisor for Acquirer | Company | Offers advisory services to Groupe VIT during the acquisition process. |
| Oxigen | Advisor for Acquirer | Company | Provides strategic advice for Groupe VIT's transaction. |
| Les Juristes associés du Centre | Legal Advisor for Seller | Company | Advises the sellers, Valérie and Eric Dumond, of Eurodécor. |