Safic-Alcan is a French independent distributor of specialty chemicals headquartered in Paris La Défense (France). The Company develops and provides wide ranges of polymers, materials and additives for the rubber, coatings, adhesives, thermoplastics, polyurethane, lubricants, detergency, cosmetics, pharmaceuticals, and nutraceuticals industries.
The executive team of Safic-Alcan, together with their existing private equity funds partners, namely EMZ partners, Sagard and Société Générale Capital Partenaires are pleased to announce the start of their next project.
All three historical partners will continue to invest alongside the management and will be reinforced by three new private equity funds, namely Equistone, IK Partners and GENEO Capital Entrepreneur.
This transaction constitutes a new phase in the development of Safic-Alcan, that attained a new milestone at the end of 2021, by reaching a turnover of €725 million. Safic-Alcan will continue to be majority-owned by its management and employees.
Yann Lissillour, CEO of Safic-Alcan since April 2022, declared: “We are delighted to continue our entrepreneurial project with our long-term partners EMZ, Sagard and SGCP and to welcome our new additional partners Equistone, IK and GENEO Capital Entrepreneur. We believe we have an extremely solid line up, that will provide the backbone of our ongoing future growth and the independence of our Group is further assured.”
Antoine Ernoult-Dairaine (Sagard) and Thierry Raiff (EMZ) added: “We are very happy to renew our long-term involvement alongside Safic-Alcan for a new chapter of its successful development worldwide. We would like to deeply thank Martial Lecat for his exceptional contribution over the past years we spent together and are very confident that Yann Lissillour and his team will reaffirm the leadership of Safic-Alcan on its various lines of business”.
Guillaume Jacqueau (Equistone) and Thomas Grob (IK Partners) added: “We have been following Safic Alcan’s impressive journey for a long time and are extremely excited to work alongside its management team over the next few years. We look forward to assisting them with the Company’s continued development and supporting their ambitious growth strategy”.
Marc Diamant (SGCP) et François Rivolier (GENEO Capital Entrepreneur) added: “We have built a strong relationship with Safic-Alcan’s management team over time. As evergreen investors, we are very honored to be part of this new growth cycle together with solid and performing managers and financial partners, as Safic-Alcan will celebrate its 175th anniversary this year”.