Ciclad, through its Ciclad Entreprise fund, has just acquired a majority stake in LOGIPROX, a company specialising in the B2B rental and maintenance of vending machines for consumables, in particular Personal Protective Equipment (PPE), industrial supplies and office supplies.
Logiprox has developed SAAS management software to monitor stocks and consumption. The customer base comprises ~500 distributors throughout France, located in factories, warehouses and offices of ETI customers and major accounts (Unilever, Sanofi, Safran, L’Oréal, etc.).
This is a primary handover operation between Frédéric LOSCUL and Olivier Carle, who took over the company together in 2018, and the new Chairman Olivier Chailloux, recruited in May 2023. Five of the company’s executive shareholders are also reinvesting. Frédéric Loscul and Olivier Carle will remain minority shareholders and members of the Strategic Committee.
Our aim will be to support the strong growth ambitions of the Group, which is benefiting from favourable market trends (reindustrialisation of France, optimisation of processes, rationalisation of costs, reduction of working surfaces, etc.), in order to become the leading French player in its segment.
