Merging in the field of aluminum and PVC joinery for windows and openings in France
The two groups Bouvet and FPEE, among the most important industrialists of the window market have decided to get closer
The two players who achieve a comparable turnover give birth to the number two market with a projected turnover of about 300 million euros, 1500 employees and a production of half a million carpentry .
For FPEE, this alliance also signifies the exit of minority financiers in its capital: entered during 2015, Siparex and Arkéa Capital Investissement said in a statement, December 3, that they "will give up their participation on the occasion of the merger of FPEE with the family business Bouvet ". Finalized in principle in January 2019, this "industrial merger" is still subject to the "agreement of the Competition Authority".