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FRANCE - Demeter Partners in secondary LBO of FCT Group.

  • Francois Rowell
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Demeter Partners has acquired Controlab and Testwell, known collectively as FCT Group, from Paluel Marmont Bank and FCPR Montparnasse Investissement III, a fund managed by UIGestion.

Controlab develops instrumentation intended for the control and testing of materials for civil and mechanical engineering laboratories. Controlab last recorded revenues of around 9m. Testwell also specializes in the instrumentation intended for controls and testing of materials primarily in the French car industry, the aviation industry and metallurgy. Testwell last recorded revenues of approximately 4m.
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