Geneo Capital Entrepreneur – Pinette P.E.I. - September 2019
GROWTH CAPITAL – Duteil Avocats (François Duteil, David Merlet, Benoit Lespinasse) advised Geneo Capital Entrepreneur in relation with an investment in Pinette P.E.I. group.
Founded in 1863, Pinette P.E.I. has a 150-year history an industrial engineering group, and global leader in equipment for composite-material parts manufacturing, testbeds and assembly.
Pinette P.E.I. group innovates, designs and delivers, turnkey production lines and plants to global technical and industrial centers in the aeronautical, spatial, defense, automotive, and energy sectors.
In order to further support its ambitions for external growth overseas as well as to market its innovations, Pinette P.E.I. group has welcomed the investment firm Geneo Capital Entrepreneur into its capital which invests in high-potential SMEs to help them grow.
Geneo joins GEI, and Demeter via the European Materials Fund (FEM), which have been part of Pinette P.E.I. group since 2016 and who also support the operation.
After achieving sales of €28 million in 2018, as well as an historic level of orders, Pinette P.E.I. group wants to double its sales to €50 million by 2023.