Mutares to sell control of €475M French firm Lapeyre to Italian backers
What's the deal? MutaresDealroom has a profile for this one. Try Dealroom → has received an irrevocable offer to sell a controlling stake in its portfolio company LapeyreDealroom has a profile for this one. Try Dealroom → to an investment vehicle backed by Italian entrepreneurs. The buyer's shareholders include members of the family that owns BricoferDealroom has a profile for this one. Try Dealroom → and Conforama ItaliaDealroom has a profile for this one. Try Dealroom →. The deal value was undisclosed, with closing expected in Q4 2026.
What each side brings: Lapeyre is a French home-improvement manufacturer and distributor, making windows, doors, staircases, and kitchen and bathroom furniture. Headquartered in Courbevoie, it runs nine production sites, supplies more than 115 shops across France, and employs roughly 2,000 people. The buyer's backers carry experience across home-improvement, furniture, and retail.
By the numbers: Lapeyre generated revenues of approximately €475 million in 2025.
Why now? Mutares acquired Lapeyre from Saint-GobainDealroom has a profile for this one. Try Dealroom → in 2021 and has since invested in its industrial footprint, distribution network, and support systems. The sale lets it hand the turnaround to a strategic owner while retaining a minority stake.
What's the endgame? Mutares says the deal sharpens its focus on the chemicals, energy, infrastructure, logistics, and services sectors. The buyer's retail and industrial ties are expected to open synergies across sourcing, logistics, and product development, while Lapeyre keeps its brand and French market position.
The signal: "We see real industrial logic in this partnership," said Johannes Laumann, chief investment officer of Mutares. The exit shows how private equity turnaround specialists pass maturing assets to strategic buyers that can extract cross-border operating synergies — here, linking French manufacturing with Italian retail reach.
Read more: finanzen.at
Image credit: Generated with Gemini
