Paris, France, November 30, 2020 - NextStage, investment company listed on the regulated market of Euronext Paris (ISIN: FR0012789386, Ticker: NEXTS), specialist in equity and long-term investment in companies of Average Size (ETM), announces the sale of its entire stake in the Fountaine Pajot Group (through its controlling holding company La Compagnie du Catamaran, of which NextStage held 38%).
Fountaine Pajot, emblematic brand created by Jean-François Fountaine and Yves Pajot in 1976, has been developing a unique expertise in the design and manufacture of marine and elegant catamarans for nearly 40 years which has enabled it to sell more than 3.000 boats worldwide. whole. With the support of NextStage since 2015, Fountaine Pajot has been able to develop and strengthen its leadership position, becoming one of the two flagships of French industrial know-how in the nautical market worldwide. complementary, the Group has changed dimension thanks to strong growth driven by significant commercial success, in particular internationally (82% of turnover) and strategic external growth which has enabled it to rise to the 2nd rank in Europe in the manufacture of pleasure boats. In 5 years, the turnover has multiplied by 4, going from 49M € in 2014 to 207M € in 2019 and the gross operating surplus has experienced the same increase, thus amounting to 30M € over the financial year. 2019, against 6.5 M € in 2014.
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