Asbestos removal & remediation

Status
Exited investments
Investments dates
June 2016 - September 2019
Turnover
€50-100m
Type of transaction
MBO
Management
The management team is led by André Benita (CEO), who is supported by Hervé Nambruide (Greater Paris Region Technical Director).
Intervention
Capital Croissance has helped to give the managing director and historical financial investors partial liquidity.

The SNADEC Group is the independent French leader in the asbestos removal business and is acknowledged for its capacity to treat large-scale technical sites. It is also active in the sanitation market, where it is a leader in the Provence, Alpes, Côte d’Azur region.

André Benita, CEO: « The entry of Capital Croissance into our capital is great news for the SNADEC Group. Through its expertise and complementary networks the team will enable us to pursue the growth strategy that we have been conducting for the past five years and initiate our international development together. »