Paris - Ardian, one of the world’s leading investment houses, acquires a majority stake in Staci, a leading European specialty logistics company from Copeba. The management team led by Thomas Mortier participates alongside Ardian as well as Société Générale’s investment teams.
Founded in 1989, Staci is a European market-leading independent provider of innovative B2B and B2B2C logistics solutions for businesses. Staci has unique expertise in managing complex and scalable logistics operations, such as dealing with a variety of suppliers and delivery points, small quantities, special formats, and products with and without barcodes. In particular, the company has developed strong expertise in the logistics of advertising and promotional media.
Staci employs around 1,900 people and generated sales of more than 250 million euros in 2018. The company operates 25 warehouses in Benelux, France, Germany, Italy, Spain and the UK.
Staci has a leading position in its market niche, based on a model of pooling its warehouses and resources and its portfolio of services, which are all built around a proprietary IT system. Staci is present throughout Europe with a wide spectrum of clients ranging from multinational groups to local companies across several sectors, including food, health and cosmetics, telecoms and financial services. Staci has about 1,900 employees and generated more than 250 million euros in turnover in 2018.
Thomas Mortier, CEO of Staci, said: “Staci employees are delighted to open this new page in the company’s history with Ardian. The management team has reinvested very significantly in the business and we share the same values and vision with the Ardian team with regards to Staci’s development strategy in France and abroad. I would like to thank our employees, partners and shareholders for their commitment, support and professionalism, which every day contribute to the quality of the services we provide to our customers.”
Lise Fauconnier, Managing Director, and Alexandre Vannelle, Director at Ardian Buyout, said: “We are proud to invest in Staci to accelerate the next phase of its development and to support Thomas Mortier and his team. The high quality of the relationships established, and their strong growth reflect the company’s excellence. Alongside the management team, we will continue to develop Staci and consolidate its presence in key geographical areas through strategic acquisitions, in a market that is still very fragmented.”
Jean-Marie Laurent Josi, CEO, and Charles-Henri Chaliac, Member of the Executive Committee of Cobepa, said: “We are delighted to have been able to support Thomas Mortier and his team in the execution of a truly transformative strategic plan for the Staci Group, which has been able to both strengthen its position in its local market, while fulfilling its international ambitions and simultaneously strengthening links with its main customers. The Group’s unique know-how, coupled with its strong potential for organic and acquisitive growth, enables it to move smoothly into its new development phase with the support of Ardian.”
Staci is the fifth investment of Ardian’s buyout team in 2019. With 49 employees in Paris, Frankfurt, Milan and London, the team invests in high-quality mid- and large-cap companies across Western Europe, applying transformation strategies that enable them to become world leaders in their niche markets.