SEE ALL  INVESTMENTS SEE ALL INVESTMENTS

Averys

Averys is a leading European manufacturer of industrial storage systems, racking and metal furniture.

Averys was founded in 1985 and is headquartered in Paris. The business designs and builds pallet racking, light to heavy duty shelving and metal furniture including office filing cabinets and lockers. With a well-established customer base, the group supports a diverse range of sectors including logistics, distribution, industrial, retail, tertiary and administration.

Averys has demonstrated an impressive track record of growth, expanded its international footprint and currently generates 62% of sales outside of France. The group employs some 1,300 people and has built a strong presence across Europe, with additional sites in Turkey and China.

In 2013, Averys acquired Stow Group, which resulted in the combined group becoming Europe’s second largest player in the racking industry.

Investment Date

Jun 2015

Country

France

Business Description

Industrials

Revenue at ACQ.

€357m

Employees at ACQ.

1,300

Investment Type

Secondary MBO

Averys 1

We welcome Equistone’s decision to acquire a stake in the capital of Averys, which will help continue the internationalisation of our business.