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

The acquirer, François-Xavier du Mesnil, who brings extensive industrial experience, will now lead the Group alongside Ismaïl Mih. Their plans include mastering new technologies, conquering new markets, and driving international expansion.
Category
Investment
Published on
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, notably with a significant presence in the United States, Germany, Ireland, and Belgium. Its export revenues have risen from 30% of turnover in 2016 to 47% today, with a presence in 23 countries.

The company has also successfully executed its client diversification strategy by targeting highly promising niche markets such as amino acids, gum arabic, and yeast extracts.

Capital Export’s support also contributed to structuring the company and ensuring the managerial transition, with the appointment of Ismaïl Mih, present in the company since 2012, as General Manager in 2019. Benoît Colin, a managing shareholder since 2011 who had retained the non-executive chairmanship, is retiring and selling his shares on the occasion of this new stage.

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 powdered milk. The SME also equips the pharmaceutical and paramedical industries. It employs 18 people and generated revenue of over €15 million in 2021.

Charles-Antoine Eliard
Partner
Jean-Mathieu Sahy
Founding partner

Talk to Capital Export.

Find out how Capital Export can help your company expand globally and reach new heights.
Contact
Contact
Right arrowRight arrow
Michel Claret
Partner
Meet the team