NextStage backs Steel Shed Solutions with €11.5m

The funding will be used to ramp up the company's sales growth and development in Europe and Africa.

NextStage, which is listed on the Euronext Paris, will acquire a minority stake in Steel Shed Solutons and tends to complete deals without using leverage.

Company
Based in Luxembourg, Steel Shed Solutions specialises in the design and online sale of ready-to-assemble steel building kits. The types of buildings include storage or livestock hangars, industrial buildings, agricultural structures and equestrian facilities. It was established in 2001 and sells around 1,000 buildings a year.

People
NextStage – Nicolas de Saint-Etienne (managing partner).
Steel Shed Solutions – Dominique Lyonnet, Vincent Lyonnet (co-founders).

Advisers
Vendor – Carmin Finance (corporate finance);  AMMC Law (legal).
Equity – CMS Bureau Francis Lefebvre (legal).

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• Topics
• Benelux
• Expansion
• Industrials
• NextStage
• Luxembourg