The French industrial group DREYER has transitioned to a management buy-out to foster a strategic shift, backed by prominent investment firms, positioning it for future growth in cold storage and modular construction solutions.

Target Information

The French industrial group DREYER, renowned for its expertise in the manufacture of cold storage solutions and modular structures, has announced a significant change in its shareholder structure. This transition, executed through a management buy-out, aims to foster a new strategic direction for the company. The shift comes as the historical partners, Pierre PERNIAS (founder), Thierry RUSCICA, and the investment fund LT Capital, advised by Largillière Finance, exit their roles.

Headquartered in Avignon, Vedène, and Lyon, DREYER addresses critical challenges in the industry by providing innovative, efficient, and environmentally responsible cold storage solutions and off-site construction services. Founded 50 years ago by Lyonnais entrepreneurs Alain DREYER and Philippe PUY, the company specializes in cold storage implementation and has expanded its modular construction capabilities through the establishment of EASYCUBE, which builds off-site facilities, and the acquisition of CAPSA in 2019, which customizes shipping containers for construction, industry, and events. Today, DREYER boasts an approximate annual revenue of €40 million and employs around 200 staff members.

Industry Overview

Positioning itself as an essential player in the industrial landscape, DREYER designs infrastructures that, while often overlooked, are vital, particularly within the realms of refrigeration and storage. These solutions contribute significantly to the country's food, energy, and healthcare sovereignty. As Europe undergoes significant ind