- Flexitallic -
Global leader in the manufacture of sealing products and solutions for the energy production sector, as well as the petroleum, gas, chemical and petrochemical industries in emerging markets and developed countries.
Prior to the majority divestment to Bridgepoint in July 2013, Eurazeo PME provided financial and strategic support regarding six acquisitions in the United Kingdom and North America and the group’s global organization alongside management. The group developed its business in new markets, but also bolstered its innovation capacity by investing €12 million over six years to modernize its manufacturing facilities and develop R&D. Eurazeo PME carried out four capital reinvestments over the period, thus increasing the company’s balance sheet value based on growth. Since Eurazeo PME became its key shareholder in 2006, The Flexitallic Group has multiplied its revenue by 11, from €18 to €210 million in 2013, of which 90% at the international level. The number of employees has increased from 46 to 1,250.