22 September 2021
LACROIX
LACROIX has just raised €44.3 million through the subscription of 1,062,536 new shares on 21 July 2021.
This capital increase is part of the “Leadership 2025” strategic plan, the objectives of which are primarily to extend international reach, strengthen the group’s leadership in cybersecurity and perform more than 70% of its business outside France.
To this end, 37% of the capital increase will be earmarked for extending international reach, 35% for strengthening technological leadership and 27% for developing leadership in industrial efficiency, based primarily on artificial intelligence and robotics, an example of which is the “factory of the future” in Beaupréau, is a real showcase for these new technologies.
LACROIX is at the forefront of companies innovating for the cities of tomorrow, developing smart management of highway equipment and water and energy infrastructures. Our ambition is to increase the group’s annual turnover to €800 million by 2025, i.e. nearly double the current figure of €411 million.
“We can be delighted with the success of this capital increase with preferential subscription rights maintained. The transaction was widely endorsed by shareholders such as Amiral Gestion, CDC Croissance, Financière Arbevel and Value8. It was also an opportunity for LACROIX to welcome investment in its capital from new leading institutional investors such as BNP Paribas Développement, DNCA Investments and Finexis S.A. This capital increase significantly increased the size of the free float to 27% for a market capitalisation of over €200 million.”
Explained
Explained
Explained
Explained