Italian consortium to acquire Lapeyre: Bricofer and Conforama among the investors

Italian consortium to acquire Lapeyre: Bricofer and Conforama among the investors
Photo by Lionel Allorge, via Wikimedia Commons

Italian consortium to acquire Lapeyre: Bricofer and Conforama among the investors

Information
Luca Salomone

Bricofer, Conforama Italia, and other business groups from our country, are bidding for a major acquisition abroad, which will significantly broaden their scope of operations.

More specifically, certain members of the Pulcinelli family, owners of Gruppo Bricofer, Conforama Italia, in which the same founders of Bricofer hold 40%, and other entrepreneurs in the DIY and home sector have submitted, through a special-purpose vehicle, an irrevocable offer to Mutares to acquire a controlling stake in Lapeyre.

Lapeyre: 9 factories and 115 outlets

The brand, headquartered in Courbevoie, less than 10 kilometres from Paris, is one of the best-known names in the French home renovation and improvement market: it manufactures and distributes windows, doors, shutters, bathroom and kitchen furniture, construction adhesives, metal hardware and much more.

According to its current owner, the German private equity multinational Mutares (headquartered in Munich), the company from across the Alps operates 9 production sites on French soil and supplies a network of more than 115 outlets throughout the country, supported by a modern, vertically integrated model.

Lapeyre directly employs around 2.000 people and generates revenue of 475 million euros (compared with 538 million in 2023).

Closing shortly

The newco should complete the transaction shortly, by the fourth quarter of 2026 and following consultation with French workers’ unions.

Mutares, with approximately 6,5 billion in assets under management, will continue to invest in Lapeyre with a minority stake and will commit to supporting the recovery of its former subsidiary.

Since the acquisition of Lapeyre by the sustainable construction giant Saint-Gobain in 2021 (Saint Gobain means a turnover 2025 of approximately 46,5 billion euros), Mutares has worked to reposition the French company through a decisive investment plan covering its industrial and distribution networks and infrastructure.

About Bricofer and Conforama

The transaction, it is further reported, “should create opportunities for cooperation and potential synergies between procurement, logistics and the development of new products, leveraging Lapeyre’s extensive network of shops and facilities while preserving the brand and its competitive position in its home market”.

Gruppo Bricofer (more than 120 outlets), which, alongside the eponymous chain, owns the Self brand and the former Ottimax brand, subsequently reorganised as Gallia Market, would have consolidated revenue of approximately 200 million euros, while Conforama Italia (26 locations across Italy, including the Confo City chain) reported in 2024, the latest data available from the chamber of commerce system, turnover of more than 145 million euros.

It is worth remembering, finally, that in June, Bricofer entered into an alliance with Arcaplanet to open spaces dedicated to pets within its own network.

This article was translated from the original Italian version with the assistance of artificial intelligence. In case of discrepancies, please refer to the original Italian version.

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