As part of this transaction, Alstef Group founders (Pierre Marol and Jean-Luc Thomé) and Future French Champions, the joint venture between Qatar Investment Authority (QIA) and Bpifrance, will also reinvest in the company.
Founded in 1961 and headquartered near Orléans in France, Alstef Group is known for the design, integration and supply of equipment and proprietary software for intelligent handling solutions. For over a decade, the Group has experienced double-digit growth and rapid international expansion, supported by the acquisition of Glidepath, an airport-baggage and parcel-handling company in 2020, and parcel sorting company SNS in 2023. Alstef has a global presence, with 16 subsidiaries around the world and systems installed in 93 countries.
Support from Ardian's expansion team will enable the company to accelerate its international development and growth ambitions.
“Alstef Group is underpinned by an excellent management team that has consistently delivered a culture of innovation and a customer-focused approach. This ethos is an asset for continuing to develop the business. We look forward to working with the Alstef Group team to expand the group's presence and continue its growth in its target markets,” said Maxime Sequier, managing director expansion, Ardian.
The completion of the transaction is subject to the legal usual conditions and the approval of the relevant regulatory authorities.
