FRANCE - Finatem acquires Mecanindus-Vogelsang Group

Finatem plans to optimize the three production sites in France, Germany and the Czech Republic and to expand the business in Europe and overseas. This is Finatem’s fourth Investment from its latest fund which was launched in May 2004.

Mecanindus was founded in 1920 by the Lévesque family and has now become one of the leading producers of metal fasteners in France. In 2003 it acquired Jörg Vogelsang Umformtechnik from Vogelsang Family after establishing a joint venture production company in the Czech Republic in 1999. Mecanindus-Vogelsang Group is the leading producer of spring pins in Europe.

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