Abenex sells the SET Environnement Group

Abenex and Galiena Capital sell the SET Environnement Group in a secondary LBO

Eric Vallée and his management team, accompanied by Sofival, take over the SET Environnement Group. Founded in 1986, SET Environnement specialises in asbestos removal work (or work in the presence of asbestos), as well as the removal of other polluting substances, from tertiary and industrial buildings, particularly occupied sites.

When Abenex and Galiéna completed their acquisition at the beginning of 2014, accompanied by A Plus Finance for the mezzanine debt, Eric Vallée took over as Chairman of the Group, already ensuring the managerial transition. The Group was then structured with the creation of a subsidiary, GET Maintenance, specialising in asbestos work, and in 2016 acquired the Lyon-based company A.F.C, a significant regional player in HVAC engineering, giving the Group geographical and sector diversification. Together SET, GET and AFC have developed commercial synergies in the Lyon region, enabling, among other things, the creation of an asbestos removal activity platform in Lyon.

The Group has a turnover of around €24M and employs 160 people.

Ons andere nieuws

“Certified B Corporation” is a trademark licensed by B Lab, a private non-profit organization, to companies like ours that have successfully completed the B Impact Assessment (“BIA”) and therefore meet the requirements set by B Lab for social and environmental performance, accountability, and transparency. It is specified that B Lab is not a conformity assessment body as defined by Regulation (EU) No 765/2008, nor is it a national, European, or international standardization body as per Regulation (EU) No 1025/2012. The criteria of the BIA are distinct and independent from the harmonized standards resulting from ISO norms or other standardization bodies, and they are not ratified by national or European public institutions.