Thanks to the support of Capital Export, a shareholder since 2016, T.G.E has expanded its international market share, including a significant presence in the United States, Germany, Ireland and Belgium. Its export revenues have risen from 30% of sales in 2016 to 47% today, with a presence in 23 countries.
The company has also successfully implemented its customer diversification strategy, targeting highly promising niche markets such as amino acids, gum arabic and yeast extracts.
Capital Export's support has also helped to structure the company and ensure the managerial transition, with the appointment of Ismaïl Mih, who has been with the company since 2012, as Managing Director in 2019. Benoît Colin, managing shareholder since 2011, who had retained the non-executive chairmanship, is retiring and selling his shares at this new stage.
Founded in 1994, T.G.E., an engineering company based in Evreux (27), specializes in evaporation and drying processes for raw materials. The agri-food sector accounts for the bulk of its business, particularly milk powder. The SME also supplies the pharmaceutical and paramedical industries. It employs 18 people and expects sales of over €15 million by 2021.
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