We are ready to push through to the position of European market leader and are extremely pleased to find a partner in Gimv who endorses our industrial vision and can help us with the further expansion of groupe Picot.
Wim Deblauwe - CEO
Picot
Picot produces fencing and gates, distributes its products through various channels to the private and corporate markets, and is also active in the installation of fencing solutions. In the French market, Dirickx is the market leader and has several production units; internationally, the group has branches mainly in Sweden, Poland, the Netherlands and Italy.
Share
2022
EUR 313,9 m
926
France
When ambition meets ambition
The renewed strategy around French Dirickx was set in motion in 2017 with the acquisition of the company by Robur Capital together with co-investor Telesco. The company has now doubled in size by broadening its product range, tapping new geographical markets and making a whole series of selective acquisitions. With the entry of Gimv, Picot wishes to continue and strengthen this strategy in France and in several European countries.
Picot is a model of industrial dynamism. As a minority investor, we are perfectly in line with the path mapped out by the existing shareholders and are strengthening the foundation with them and the management in particular.
Together, we build a leading company
The industrial and technical knowledge, together with the customer focus of the entire company, drives the Picot group forward and shows that industrial companies with the right vision have a bright future. In addition, the will to continue the roll-up in the sector, supported by a stronger capital base, makes the growth potential of this investment very attractive
