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Serapid Announces Change in Ownership/Management

Monday, January 22, 2018
The Serapid Group, Rouxmesnil-Bouteilles, France, provider of horizontal and vertical load-transfer systems based on rigid chain technology, has announced that after 30 years as owner, Saïd Lounis has sold the company to Emeric Labesse and Guillaume Davies, who serve as CEO and chief executive officer, respectively. LBO France, a private equity company backs Labesse and Davies. Lounis has retained an investment in The Serapid Group.

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