We have advised BRC, a French manufacturer of high-performance, made-to-measure protective cases, on its sale to Fleuret, a French manufacturer of technical containers and ground support equipment, as part of a transformational transaction and capital reorganisation of Fleuret backed by InnovaFonds.
Founded in 1993 and headquartered in Brittany, France, BRC designs and manufactures high-performance made-to-measure protective cases for transport, storage and field use. The company manufactures over 2,000 protective cases annually and serves more than 100 French and international clients, including major private companies in the defence and aerospace sectors, as well as French Ministries. Its integrated capabilities include in-house design, prototyping, and production all made at one site located in Le Pertre.
As a recognition of its unique know-how and its strategic relevance for its clients, BRC is a member of several major defence clusters in France including Base Industrielle et Technologique de Défense (BITD), Groupement des industries françaises de défense et de sécurité terrestres et aéroterrestres (GICAT) and Cercle de l’Arbalète.
Since 2018, under the leadership of its CEO and private equity firm Apicap, BRC has almost doubled its revenue and profitability, relying on a team of approximately 30 professionals.
This transaction represents a key milestone and a transformative move in Fleuret Group’s strategy, unlocking industrial and commercial synergies and strengthening the Group’s capabilities and positioning across high-value defence and aeronautics programmes. It also marks the exit of long-standing shareholders and the entry of private equity firm InnovaFonds, which joins Fleuret Group’s capital along with Fleuret family to support the Group’s next growth phase with the ambition to become a leading European player in protective container solutions for the aerospace, space and defence sectors.