Equistone Partners Europe has entered exclusive negotiations with ICG for the potential sale of the Stella Group, a leading French manufacturer in the roller blinds and shutters sector, aimed at enhancing its market position and growth prospects.

Information on the Target

The Stella Group, established in 1956, has evolved into one of the leading players in France's development and production of roller blinds, grilles and shutters, gates, and sectional doors. With a comprehensive portfolio comprising La Toulousaine, Profalux, and Eveno, the Group has achieved impressive financial performance through a robust organic growth strategy complemented by strategic acquisitions. In 2014, the Group reported a turnover of nearly 150 million euros, serving approximately 10,000 clients, which primarily include independent installation engineers and business networks.

Over the years, the Stella Group has reinforced its market leadership particularly through significant acquisitions such as Profalux in 2007, which enhanced its position in the roller blind segment, and the buy-back of Eveno in 2012, which broadened its footprint in roller blinds and sectional doors. The integration of these companies has not only expanded the Group’s geographical reach and product range but also enriched its client base, resulting in sustained growth and operational synergies across its three production sites in Lorient, Thyez, and Escalquens.

Industry Overview in France

The roller blinds and shutter industry in France has shown resilience over the years, driven by a growing demand for home renovation products and energy-efficient solutions. As homeowners place greater emphasis on aesthetics and functionality, the market has seen a consistent rise in th