The Perspicuus Group, supported by OXIGEN, has acquired EURODECOR to enhance its market position in the insulating glass industry while targeting a revenue growth of €45 million by 2028.
Information on the Target
The Perspicuus Group, also known as VIT, has successfully integrated three companies: VIT, ATV, and VARNET. Specializing in the manufacturing of custom insulating glass, the group produces approximately 200,000 square meters of glass annually, serving a French market estimated at 23 million square meters. The group operates three industrial sites: its main facility located in Saône-et-Loire (VIT), along with additional sites in Loire (ATV) and Jura (VARNET).
Established in 1977, EURODECOR is dedicated to the manufacture of insulating glass and the custom cutting of glass. With a 2,500 square meter manufacturing workshop and updated machinery, EURODECOR provides its services to both private individuals and professionals. Its offerings include safety glass, decorative glass, and comfort glass, catering to the interior and exterior design of residential and commercial spaces.
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Industry Overview in France
The insulating glass industry in France plays a pivotal role in construction and renovation projects. In recent years, there has been a noticeable increase in demand for energy-efficient building materials, driven by strin
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Disclosed details
Revenue: $48M