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Weinberg Capital Partners joins forces with Alliance Industrie
Weinberg Capital Partners announces that it is acquiring a stake in Alliance Industrie, a leading player in the distribution of parts and services for the auto and truck industries
Weinberg Capital Partners announces that it is acquiring a stake, alongside the founding shareholders, in Alliance Industrie, a leading player in the distribution of parts and services for the auto and truck industries in France and the United Kingdom.
The investment by the private equity firm created and managed by Serge Weinberg is designed to support Alliance Industrie’s growth strategy.
Serge Weinberg declared: «This investment by Weinberg Capital Partners, alongside Jean-Jacques Lafont and a remarkable management team, in this specialized European business-to-business distribution company is a perfect illustration of our strategy. The combination of our industrial experience and financial know-how will help Alliance Industrie pursue its European expansion.»
Jean-Jacques Lafont, Chief Executive Officer of Alliance Industrie since 1991, added: «The interest shown by Serge Weinberg, who has vast experience of business-to-business distribution from his past as CEO of Rexel from 1990 to 1996, then of PPR from 1995 to 2005, is excellent news for our profession in general and our company in particular. This partnership reinforces the profitable growth strategy we have pursued for the past 15 years and provides an important sign of continuity for all our stakeholders: independent network members, customers, suppliers and staff.»
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Media details
Brunswick
Thomas Kamm - Benoît Grange
Tel: +33 (0)1 53 96 83 83 -
