CICLAD has acquired a majority stake in Capelec Group, a leader in automotive measurement and control equipment, to enhance its market position and drive international growth.

Target Company Overview

We are pleased to announce a majority stake acquisition in Capelec Group, a specialist in measurement and control equipment within the automotive sector. This primary Owner Buy-Out (OBO) transaction is being conducted alongside the company's leader, Thierry Coton, who has led the firm since 2005 and is the son of the founder.

Founded in 1989 and headquartered in Montpellier, Capelec designs, manufactures, and markets a comprehensive range of equipment for vehicle technical inspections and maintenance. Their products include devices for measuring pollutant emissions, braking performance, wheel alignment, and lighting. Through its Finnish subsidiary Pegasor, the group also develops instruments for measuring fine and ultrafine particles, targeting both industrial clients and public entities, thereby actively contributing to environmental transition efforts.

Industry Overview in France

The French automotive sector is experiencing a transformative phase, driven by a significant shift towards electrification, automation, and increased envi