Groupe FACE has acquired three companies to bolster its integrated offerings in the professional building envelope sector and accelerate the decarbonization of non-residential real estate in France.

Information on the Target

In September 2025, Groupe FACE, a leader in the professional building envelope sector in France, announced its acquisition of three companies: Axtera, LBGE, and LBGE Énergie. These acquisitions align with FACE's strategic goal, backed by its shareholder Hivest Capital Partners, to enhance its integrated offerings aimed at facilitating the decarbonization of non-residential real estate in France.

Industry Overview in France

Approximately 70% of professional buildings in France are over 30 years old, presenting a significant opportunity for renovation and solarization. Currently, over 100 million square meters of roofing can be solarized, equivalent to the output of eight nuclear power plants. Recent regulations such as ZAN, APER, and the tertiary decree, alongside the rapid profitability of projects (with less than seven years to recoup investments in self-consumption solar initiatives), create an encouraging environment for the solutions provided by Groupe FACE.

The demand for energy-efficient renovations has intensified, as businesses and property owners recognize the importance of complying with new environmental standards. The growing trend towards sustainable buildin