EMZ invests alongside Paprec’s management team and FSI.
Paprec is the leading independent recycling player in France. The group developed dynamically over the past years through both organic growth and acquisitions, which aimed to constantly strengthening of its geographical positions as well as the broadening of its portfolio of activities.
The transaction allowed Jean-Luc Petithuguenin, CEO and founder of Paprec, to keep the control of its group and to provide financing over the coming 4 years for the company’s acquisition plan. Management aims at reaching sales of 1 billion euros in the next 3 to 5 years.
EMZ invested on the occasion of the acquisition of a minority stake in Paprec by Fonds Stratégique d’Investissement and a pool of other financial investors.