Buyout Investments

Eurofarad

Activity

Eurofarad is one of the leaders on the French market for passive components such as condensers, filters, potentiometers and revolving collectors.
The group has adopted a firm strategy of high added value products.
It has an undeniable competitive edge due to its technological know-how.
Eurofarad is also involved in the fields of civil and military aviation and the space industry where it occupies one of the top positions in cabling for aircraft and satellites.

Context

A company founded in 1965 by two entrepreneurs, Eurofarad has gradually acquired a certain number of companies that have enabled it to consolidate its position on the French market.
End 1997, the founders sold off their group to senior managers backed by financial investors.

Strategy

AXA Private Equity Fund is a major shareholder in the group.
Its role was to assist Eurofarad in identifying and financing acquisitions, in particular in Europe, so as to find springboards for growth in the French market.
A number of acquisition opportunities under study should reinforce the group’s strategic positioning.

Divestment

In March 2004, AXA Private Equity sold off its stake to CDC Ixis Equity Capital, who were acting in association with Eurofarad group management.