SEE ALL INVESTMENTS Sateco Sateco is a leading French provider of metal formworks and safety platforms. Founded in 1953, Sateco designs and manufactures metal formworks and safety platforms, which are sold to clients primarily in the construction industry. The business also offers complementary services such as equipment rental, maintenance, technical support and training. Initially focused on local SMEs, the management team has achieved a strong market position in a short timeframe among national SMEs and major French construction groups. Having established a strong reputation and well-known brand within the industry, Sateco supplies its diverse customer base, with a wide range of formworks and platforms. Sateco employs over 200 people, who are based at its two production sites in Mirebeau and Maillé in the west of France, which have capacity to generate c.110,000 square metres of formworks and c. 14,500 metres of platforms. Recently, the group has acquired an additional leased production site in Geneva, Switzerland. The business maintains a strong focus on safety, ergonomics and productivity features to meet EU legislation standards. INVESTMENT DATE Jul 2019 COUNTRY France BUSINESS DESCRIPTION Industrials REVENUE AT ACQ. €74m EMPLOYEES AT ACQ. 200 INVESTMENT TYPE Secondary MBO With Equistone’s support and experience, we intend to continue pursuing the external growth strategy we initiated in 2018 with the acquisition of HK Services in Switzerland, in order to diversify our activity and accelerate our international development. François Guilloteau, CEO, Benoît Sabourin and Patrick Micheneau, deputy CEOs, Sateco EQUISTONE TEAM Arnaud Thomas Partner Paris Thierry Lardinois Partner Paris Caroline Pinton Investment Manager Paris RELATED PRESS RELEASES Equistone Partners Europe enters into exclusive negotiations with Naxicap Partners for the acquisition of Sateco 28 Jun 2019 CONTACT US AMSTERDAM BIRMINGHAM LONDON MANCHESTER MUNICH PARIS ZURICH PRINT PAGE DISCLAIMER PRIVACY POLICY MODERN SLAVERY ACT INVESTOR LOGIN Equistone Partners Europe Limited is authorised and regulated by The Financial Conduct Authority. © EQUISTONE PARTNERS EUROPE