sold

to

March 30th, 2017

Sale of Findis to Naxicap

Findis is the French leader of the B2B2C’s home furnishing products distribution: mainly household appliances, image and sound, but also DIY and gardening products and cookware and dining products (35,000 references). Findis also indirectly operates a successful network of more than a thousand stores branded under the Group’s proper trade names.

The Group addresses primarily more than 15,000 independent or affiliated stores but also the Mass-market retailing (specialty superstores and food hypermarkets).

Led by a successful Management team and thanks to state-of-the-art operating processes, multichannel communication and strong digital know-how, Findis generated a profitable growth of more than 10% p.a. over the last 10 years. The Group recorded 300 M€ of net sales and employs more than 500 people in France.

Activa Capital, Capzanine, EPF and Quilvest and the managers were advised by Natixis Partners for the sale of the Group to Naxicap, which is associated with the historical management.