Capital Export sells its stake in T.G.E.

The buyer, François-Xavier du Mesnil, who boasts extensive industrial experience, will now lead the Group, alongside Ismaïl Mih. They plan to master new technologies, conquer new markets, and drive international expansion.
Category
Investment
Publication date
10/2/2022
Reading time
5
 min.
Capital Export sells its stake in T.G.E.

Author

Jean-Mathieu Sahy

Jean-Mathieu Sahy

Founding Partner

Thanks to the support of Capital Export, a shareholder since 2016, T.G.E. has expanded its international market share, with a significant presence in the United States, Germany, Ireland, and Belgium. Its export revenues have risen from 30% in 2016 to 47% today, with a presence in 23 countries.

The company also implemented a successful client diversification strategy by targeting highly promising niche markets such as amino acids, gum arabic, and yeast extracts.

Capital Export’s support helped structure the company and ease its managerial transition, with the appointment of Ismaïl Mih, who joined the company in 2012, as General Manager in 2019. Benoît Colin, a managing shareholder since 2011 who had retained his non-executive chairmanship, is retiring and selling his shares.

Founded in 1994, the engineering company T.G.E., based in Evreux, specializes in evaporation and raw material drying processes. The agrifood sector represents the majority of its activity, particularly in powdered milk. This SME also equips the pharmaceutical and paramedical industries. It employs 18 people and generated over €15 million in revenues in 2021.

Charles-Antoine Eliard
Partner
Jean-Mathieu Sahy
Founding partner

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