We are pleased to announce the majority sale of the Fillon Technologies Group to two experienced managers, supported by the minority fund NextStage.
The Fillon Technologies Group is a family group created in 1954 by Mr. Roger Fillon. It designs, produces, and markets paint mixing machines for the “Refinish” industry (automotive body repair). Present in Europe, China, United States, India, and Latin America, the Group is the world leader in this market with more than 50% market share. It has also developed new products in this same market, ahead of its competitors, and consolidates its sales through its existing distribution network.
In recent years, the Group has faced an evolution of its market, but has always known how to innovate and prepare for the future. Today, the Group has many strengths to capitalize on, which should allow it to access new markets and increase its profit-making capabilities.
I-Deal Development was mandated by the historical and family shareholders of the Group and implemented a comprehensive support process, essential to meet their expectations, while taking into account the complexity of the shareholding and the interests of the family context.
Mr. Jean-Christophe Doux, Polytechnique, Sup’Aéro, and Mr. Sébastien Reinbold, Production Engineer and MBA Finance, convinced Mr. Daniel Fillon, President of the Group, of the quality of their candidacy, and of their current and future vision for the Group.
Accompanied in their acquisition project by the investment fund Nextstage, Mr. Doux and Mr. Reinbold will now lead the company, capitalizing in particular on the new products conceived and delivered by the Fillon Group’s innovation team.
While allowing shareholders to take a step back, I-Deal Development was able to build a customized solution with them and the new shareholders.
