CAPELEC and CICLAD: a new partnership for the future of industry
The Montpellier-based CAPELEC group, which specializes in the design and manufacture of roadworthiness and air quality equipment, is taking a new step in its development by opening its capital to CICLAD, an independent French investment fund.
With solid 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 will remain in place, ensuring continuity in the group's vision and values.
"I am delighted with this new milestone for CAPELEC. It strengthens our ability to pursue the group's growth, anticipate market changes, and set its development on a sustainable path, faithful to the momentum initiated more than 36 years ago by my father."
says Thierry Coton, CAPELEC's President.
For its part, CICLAD emphasizes: “We are very pleased to support Thierry Coton and his teams in this new phase of development. CAPELEC has unique technical and industrial expertise and a strong position in rapidly changing markets, driven by security and environmental transition issues.”
For more information:
Tel : +33 4 67 156 156 contact@capelec.com