AXA Private Equity has entered into exclusive negotiations with 3i and TCR Capital with a view to acquiring 82 % of Trescal's share capital. This transaction, which values the company at around €250 million, is supported by Trescal's management team, chaired by Olivier Delrieu.
Under the terms of the agreement, management and employees will own the remaining 18 % of the capital, subject to the signature of a definitive agreement and the approval of the competition authorities.
3i invested in Trescal in 2010 alongside TCR Capital, which took a minority stake in the company. During this partnership, Trescal entered a new phase in its development, accelerated its growth and strengthened its market position through organic growth and strategic industrial acquisitions. Thanks to these operations, Trescal's sales rose from €110 million to €157 million between 2010 and 2012.
Learn more: www.trescal.fr