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Groupe
Fives-Lille

Status
Realised
Country
France
Strategy
Mid Cap
Sector
Industrials
Entry
Feb-01
Exit
Aug-04
Fund
IK 2000

Industrial engineering manufacturer of process equipment and machines

Groupe Fives-Lille is an international industrial engineering group that designs and produces equipment, primarily for the automotive, steel and aluminium industries. The company’s broad selection of equipment ranges from isolated machines to complete production lines, shops and turnkey plants.

The IK 2000 Fund acquired Fives-Lille through a public offering on the Paris Stock Exchange in February 2001, before the Group was successfully sold to Barclays Private Equity in August 2004.

Our Value Creation Strategy

During our ownership, we worked alongside the management team to:

  • Increase focus on automotive production segment;
  • Facilitate the divestment of non-core activities; and
  • Shift focus from manufacturing to design & integration.