We have advised the shareholders of Virgo, Adaxtra Capital, Bpifrance and Ouest Croissance, as well as the management, on the sale of Besnard, to an industrial acquirer.
Based in La Selle-la-Forge (Normandy), Besnard specialises in the design and manufacture of moulds for thermoforming and rotomoulding, as well as in the custom machining of mechanical parts. The company has built a well-established offering, underpinned by strong technical expertise and a service-oriented approach, serving clients across a broad range of industrial sectors.
Besnard's management team will support this new phase of development alongside its new industrial shareholder, with the ambition of sustaining the growth trajectory already under way.
This transaction marks a defining step for the Virgo group, which now refocuses on its sole remaining asset, Microsteel, specialising in investment casting (lost-wax process) and centrifugal casting for the aerospace, defence and medical sectors. Positioned in a high value-added segment and benefiting from particularly favourable market dynamics, Microsteel now forms the core of the group's industrial project.
Through this sale, Adaxtra Capital, Bpifrance and Ouest Croissance reaffirm their strategy of actively supporting companies through their transformation and refocusing phases, by backing the development of industrial platforms positioned in markets with significant potential.
