
FRANCE - Azulis acquires stake in Finag
Azulis Capital, formerly Banexi Capital Partenaires, has backed the acquisition of household products manufacturer Finag group from the founder Alain Guiader, alongside the management team.
The Finag group was established in 1990 and has developed in three principal areas of activity: designing and producing bathroom accessories under its Galedo brand; distributing kitchen furniture kits through Bois secs De Bourgogne and Rossignol, two businesses purchased in 1996 and 2006 respectively; and producing and distributing metallic and plastic products aimed at the hygiene sector. The group had a turnover of EUR 50m in 2008.
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