Capelec and CICLAD: a new partnership for the future of industry
News - 13/10/2025
The Montpellier-based Capelec Group, a specialist in the design and manufacture of equipment for vehicle inspection and for air quality, is taking a new step in its development by opening up its share capital to CICLAD, an independent French investment fund.
With a wealth of experience in supporting the development of industrial SMEs, this new majority shareholder will strengthen the group’s governance and contribute its strategic and financial expertise. The operational management team remains in place, ensuring continuity in the group’s vision and values.
“I am delighted with this new, pivotal step for Capelec.
It strengthens our ability to drive the group’s continued growth, anticipate market changes and set its development on a sustainable path, remaining true to the momentum initiated over 36 years ago by my father. ”
said Thierry Coton, Chairman of Capelec.
For its part, CICLAD emphasised: “We are delighted to support Thierry Coton and his teams in this new phase of development. Capelec possesses unique technical and industrial expertise, as well as a strong position in rapidly evolving markets, driven by the challenges of security and environmental transition.”
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