Alliance invests in Clas
Alliance Entreprendre has bought an undisclosed stake in French automotive tools manufacturer Clas Equipement.
Clas will use the fresh capital to bolster its growth as part of a six-year expansion plan.
Company
Clas is a French company specialising in the design and manufacture of tools and equipment for professionals in the automotive industry. Clas was founded in 1996 and is headquartered in Chignin, Savoie.
People
Clas Equipement – Philippe Barrault (CEO).
Alliance Entreprendre – Paul Lambert (investment director); Philippe Boudriot (associate director).
Advisers
Equity – Cofigex (financial due diligence).
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