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  5. Wichard Group Acquires Losange Group

M&A Deal Summary

Wichard Group Acquires Losange Group

On May 7, 2013, Wichard Group acquired marine company Losange Group

Acquisition Highlights
  • This is Wichard Group’s 2nd transaction in the Marine sector.
  • This is Wichard Group’s 2nd transaction in France.

M&A Deal Summary
Date 2013-05-07
Target Losange Group
Sector Marine
Buyer(s) Wichard Group
Deal Type Add-on Acquisition

Target

Losange Group

Saint-Vaast-la-Hougue, France
Losange Group is a comprised of four companies — Facnor, RDM, SparcraftRigging, and Charleston Sparcraft Inc. Losange Group specialized in manufacturing marine equipment: roller-furlers, masts, booms and spars, running and standing rigging, and fittings. Losange Group was founded in 1981 and is based in Saint-Vaast-la-Hougue, France.

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Buyer(S) 1

Buyer

Wichard Group

Thiers, France
Category Company
Founded 1919
Sector Diversified
Revenue 24M EUR (2007)
DESCRIPTION

Wichard Group manufactures marine hardware products and specialist in hot-drop forging for the medical, automotive, parachute hardware and aeronautic cutlery. Wichard Group was founded in 1919 and is based in Thiers, France.

DEAL STATS #
Overall 2 of 2
Sector: Marine M&A 2 of 2
Type: Add-on Acquisition M&A Deals 2 of 2
Country: France M&A 2 of 2
Year: 2013 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2002-01-01 Profurl

France

Profurl is a designer, developer, and marketing hi-tech products that combine safety, ease of use at sea and high performance. Profurl is based in France.

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