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Groupe Fives-Lille

Industrial engineering manufacturer of process equipment and machines

Groupe Fives-Lille (“the Group”) was an international industrial engineering group that designed and produced equipment, primarily for the automotive, steel and aluminium industries. The Group’s broad selection of equipment ranges from isolated machines to complete production lines, shops and turnkey plants.

The IK 2000 Fund acquired Fives-Lille through a public offering on the Paris Stock Exchange in February 2001, before the Group was successfully sold to Barclays Private Equity in August 2004.

Our Value Creation Strategy

During our ownership, we worked alongside the management team to:

  • Increase focus on automotive production segment;
  • Facilitate the divestment of non-core activities; and
  • Shift focus from manufacturing to design & integration.