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In January 2018, EMZ supported LBO France and Crouzet management team by providing a subordinated financing in the buy-out transaction from CST, a former subsidiary of Schneider Electric owned by Carlyle and PAI.

Crouzet is a world leading player in the production and sale of a multi-niche portfolio of industrial devices, including switches, electric actuators, as well as automation components. The company serves a diversified base of industries including aerospace, transportation, infrastructure, energy, as well as various industrial manufacturers.

In 2016, Crouzet achieved sales of €136m, of which 74% came from exports. The company employs nearly 1,200 people and has 3 production sites, in France, Morocco and China.