Qualium Investissement and Future French Champions have acquired Vulcanic, a leader in electrical heating and cooling systems, to support its continued growth and international expansion.

Target Company Overview

Vulcanic, established in 1973 and headquartered in Neuilly-sur-Marne, France, is a leading provider of electrical heating and cooling systems tailored for industrial applications. With a workforce of 600 employees, the company operates eight industrial facilities across Europe, including France, Germany, and Spain, and has expanded its reach to markets in Asia and the Middle East. Vulcanic has built a robust customer base of over 30,000 clients and boasts a strong portfolio of prestigious references, solidifying its reputation as a globally recognized expert in the industry.

Since being acquired by Abenex in 2011, Vulcanic has significantly enhanced its capabilities in managing large engineering projects, particularly in the petrochemical and energy sectors. Under Abenex's and Cathay Capital's guidance, Vulcanic successfully launched operations in China in 2016, marking an important milestone in its global expansion strategy. With the new partnership with Qualium Investissement and Future French Champions, Vulcanic aims to further intensify its growth trajectory through both organic and acquisition-driven strategies.

Industry Overview

The electrical heating and cooling systems industry in Europe is characterized by innovativeness and growth, driven by increasing energy efficiency demands and regulatory pressures to reduce carbon footprints. Companie