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Announced

Turenne Capital, BNP Paribas Developpement, Bpifrance, Caisse d'Epargne Grand Est Europe and Groupe ILP to invest in Les Zelles.

Synopsis

Turenne Capital, BNP Paribas Developpement, Bpifrance, Caisse d'Epargne Grand Est Europe and Groupe ILP agreedto invest in Les Zelles, a designer, manufacturer and installer of PVC and aluminum windows. Financial terms were not disclosed. “A lot of pride and enthusiasm with the completion of this operation which, more than the culmination of 2 years of work, reinvents our business project while being in line with the values ​​that have driven Les Zelles for 75 years. This operation is a reflection of the project that we are now going to deploy: built collectively with the skills and commitment of each individual, creator of values, going beyond traditional patterns and whose ambition is up to the challenges and responsibilities that bear Enterprise at Mission. Thank you to the Les Zelles teams, to our financial partners and to our advice for making this first step that brings meaning and perspective to fruition," Laurent Demasles, Les Zelles President.

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