acquired

Tecadis and Meca-Sud

backed by

April 11th, 2024

SPC Group opens its capital to Crédit Agricole Régions Investissement (CARVEST) to support a new phase of development

With the support of Crédit Agricole Régions Investissement, this operation strengthens the diversification strategy and propels SPC Group towards its ambition of becoming the national champion in supplying complete products packaging lines to customers, particularly in the pharmaceutical industry.

The new entity is structured around 3 specialized business units: - Needles & Pumps: focusing on the manufacturing of dosing pumps and filling needles, - Machines: dedicated to the production of filling, dosing and capping machines, - Global process solutions: offering a comprehensive range of solutions including depalletizing, unpacking, conveying, forming, case packing, palletizing, labeling, and quality control, all integrated with a state-of-the-art 4.0 monitoring and serialization system. The newly expanded group generates revenues of nearly €20m, with 70% of its revenue coming from outside of France. It employs around 100 people across 6 production sites in France. With the invested management team leading the way, the group welcomes two new shareholders to its board: Crédit Agricole Régions Investissement as a financial partner, and Jean-Baptiste Drevet-Dupre, director of Tecadis and Meca-Sud. This strategic move will enable the group to continue its ambitious development strategy and further enhance its market share in key sectors. Leveraging its proximity to customers, agility, and technical expertise, the group is poised for continued growth and success. Natixis Partners acted as exclusive financial advisor to the SPC Group in this transaction.