Arcole Setic Investment Launches New Growth Phase
Arcole, a French private equity firm, has made a majority investment in Setic, a global manufacturer of wire and cable machinery. The investment comes in partnership with Setic’s long-standing CEO, Thierry Collard, who will continue to lead the company.
This acquisition marks a new growth chapter for Setic, positioning the company to expand its industrial leadership and strengthen its presence in key global markets.
Strengthening Setic’s Industrial Leadership
Setic, based in Roanne and Paris, develops advanced equipment for the wire and cable industry. Through Arcole’s investment, the company plans to expand development, reduce debt significantly, and take advantage of accelerating global market trends in the coming years.
The company also intends to reinforce its role as a French industrial leader supporting the energy transition. Key initiatives include:
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Strengthening the sales structure of Setic USA.
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Expanding R&D capabilities and modernizing facilities in Roanne.
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Rebranding to Setic Pourtier in celebration of the company’s 75th anniversary, honoring the combined legacies of Setic and Pourtier.
Commitment to Innovation and French Ownership
Collard welcomed the partnership and highlighted its importance for future growth.
“I am delighted to have secured the redeployment of Setic Pourtier, keeping ownership in French hands and ensuring a promising future for our team,” said Thierry Collard. “We’ve transformed our company from crisis to profitability in just two years, and this partnership ensures continued success.”
Arcole’s Vision for Industrial Excellence
Renaud Sueur, Managing Partner at Arcole, emphasized the long-term value of this investment.
“We are thrilled to support a French company with a global reach and a century-long legacy of innovation,” said Sueur. “Thierry Collard’s expertise and vision made this partnership a natural choice.”
With Arcole’s backing, Setic aims to strengthen its reputation as a pioneer in cable manufacturing machinery, combining French engineering excellence with international reach.