Arcole Setic Investment Launches New Growth Phase
Arcole, a French private equity firm, has made aย majority investment inย Setic, a global manufacturer ofย wire and cable machinery. The investment comes in partnership with Seticโs long-standing CEO,ย Thierry Collard, who will continue to lead the company.
This acquisition marks aย new growth chapterย for Setic, positioning the company to expand its industrial leadership and strengthen its presence in key global markets.
Strengthening Seticโs Industrial Leadership
Setic, based inย Roanne and Paris, develops advanced equipment for theย wire and cable industry. Through Arcoleโs investment, the company plans to expand development, reduce debt significantly, and take advantage of accelerating global market trends in the coming years.
The company also intends to reinforce its role as aย French industrial leader supporting the energy transition. Key initiatives include:
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Strengthening the sales structure ofย Setic USA.
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Expandingย R&D capabilitiesย and modernizing facilities in Roanne.
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Rebranding toย Setic Pourtierย in celebration of the companyโsย 75th anniversary, honoring the combined legacies of Setic and Pourtier.
Commitment to Innovation and French Ownership
Collard welcomed the partnership and highlighted its importance for future growth.
โI am delighted to have secured the redeployment of Setic Pourtier, keeping ownership in French hands and ensuring a promising future for our team,โ saidย Thierry Collard. โWeโve transformed our company from crisis to profitability in just two years, and this partnership ensures continued success.โ
Arcoleโs Vision for Industrial Excellence
Renaud Sueur, Managing Partner atย Arcole, emphasized the long-term value of this investment.
โWe are thrilled to support a French company with a global reach and a century-long legacy of innovation,โ said Sueur. โThierry Collardโs expertise and vision made this partnership a natural choice.โ
With Arcoleโs backing, Setic aims to strengthen its reputation as aย pioneer in cable manufacturing machinery, combining French engineering excellence with international reach.
