DREYER, a French industrial leader in cold storage and modular solutions, has undergone a management buy-out to drive strategic growth and innovation.

Information on the Target

The French industrial group DREYER, known for its expertise in manufacturing cold chambers and modular solutions, has announced a significant transition in its shareholding structure through a management buy-out. This strategic move facilitates the departure of the historical partners, Pierre PERNIAS (founder), Thierry RUSCICA, and the investment fund LT Capital, with guidance from Largillière Finance.

With locations in Avignon, Vedène, and Lyon, DREYER addresses essential industrial challenges by providing innovative and efficient solutions for cold storage, off-site buildings, and customized maritime container conversions. Founded 50 years ago by Lyonnais entrepreneurs Alain DREYER and Philippe PUY, the company has specialized in cold storage solutions and has successfully expanded its modular construction capabilities through its subsidiary EASYCUBE and the acquisition of CAPSA in 2019, which specializes in modifying maritime containers for construction and events. DREYER now boasts an annual revenue of approximately €40 million and employs around 200 staff.

Industry Overview in France

The cold storage and modular construction industries in France are considered pivotal, particularly in the context of food, energy, and health sovereignty. DREYER’s product offerings are integral to the logistics and supply chain sectors, part