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Aktid sets its sights on international expansion with Initiative & Finance “Tomorrow”

Aktid sets its course for international expansion.

On July 12, 2023, the French investment fund Initiative & Finance “Tomorrow” acquired a stake in Aktid, in partnership with Crédit Agricole des Savoie, the company’s long-standing banking partner.

After more than 25 years of experience and growth in France — which has accelerated significantly in recent years — Aktid now aims to expand internationally by exporting its expertise. Pierre-André Payerne, who remains the majority shareholder, highlighted this ambition on March 4 during his appearance on the BFM BUSINESS PARTENAIRE program:“My vision for tomorrow’s Aktid is an international company, firmly rooted in its social and environmental commitments, and recognized for the performance and reliability of its industrial solutions. […] Partnerships or targeted acquisitions will enable us to accelerate. For this next phase of international expansion, which we want to be both fast and ambitious, we are naturally seeking partners with international experience and the financial resources to support our ambitions.”

Convinced by the project, confident in its growth prospects and determined to help build a more sustainable world, Initiative & Finance “Tomorrow” will support Aktid in its international expansion. This mid-cap fund backs management teams in growth-capital contexts, focusing on companies that place the sustainability of their business model at the heart of their corporate strategy.

On this occasion, Aktid’s teams and their new partners gathered at the company’s premises for a friendly lunch reception to get to know one another and celebrate the beginning of this exciting new chapter.

 

For more information, please refer to the press release:
“French leader in waste sorting facilities, Aktid aims to accelerate its international growth by opening its capital.”

16Jul2023

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