Europe et Croissance invests in Cellutec

Europe et Croissance manages the Eurefi fund, set up in 1995 by the European Union and which also attracted commitments from European LPs. The vehicle usually invests €500,000-1.5m per transaction.

Cellutec's growth strategy will be driven by on add-on acquisition opportunities.

Company
Founded in 1980, Cellutec is a transformer of technical foams in the fields of packaging, acoustics and industrial applications. It employs around 200 people and generates a €27m turnover.

Based in Burnhaupt le Haut, Cellutec also operates a facility in Romania.

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