A consortium of investors completed the investment in Wichard, an industrial group present in the boating and safety equipment markets, with participation from Société Générale Capital Partenaires, Arkéa Capital and SIPAREX. Financial terms were not disclosed. “We are delighted with the arrival of Azulis and its co-investors alongside us. We are in phase with the implementation of a strategy that will enable us to continue to advance the Group, for the satisfaction of our customers and our employees. We wish to continue in a dynamic of value creation while remaining in line with the evolution of human and societal values. We have a thought for our Naxicap partners who have accompanied the Group over the last 5 years" Bruno Lavollé and Julien Hess, Associate Directors of Azulis Capital, declare: "We are delighted to be associated with an enthusiastic, experienced management team and very structured. We were seduced by the positioning of the Wichard group, which is based on business expertise and strong brands, and which has been able to extend its activity beyond boating by capitalizing on its reputation for quality and reliability. We share the ambition of the management team for the development of Wichard and are delighted to be able to support it in its consolidation projects in France and abroad," Jean-Claude Ibos, Wichard Chairman.