21 Centrale Partners is pleased to announce that it has partnered with Daltys, the number four player in the French vending machine operators’ market, with dense regional coverage in the South and East of France. The Group operates through three complementary business lines: vending machines for hot beverages and other fast moving consumer goods, specialized beverage systems, and catering corners.
Established in 1980, the Daltys Group has built a highly diversified and resilient client base gathering in excess of 8,000 active clients. With long-term contracts and recurring renewals, Daltys benefits from high visibility on business activity. In 2010, the Group generated revenues in excess of €M 50.
21 will provide its support to further drive the market consolidation initiatives implemented by Daltys to date. Moreover, the build-up expertise of 21 will be key in integrating add-on acquisitions within the group to generate synergies and favor operational improvements as well as to conduct a geographical coverage expansion strategy.
Gérard Pluvinet, Founding Managing Partner and François Barbier, Managing Partner of 21 Centrale Partners commented: “This primary transaction in grounded in pursuing the successful build-up strategy led by the CEO, Christophe Brancato, over the last eight years. With the support of 21, the company will accede to a strong and relevant market positioning at the national level, providing for compelling growth prospects going forward.”
Christophe Brancato, Daltys CEO added: “We are very excited about partnering with 21. The entrepreneurial quality of their background and the means they provide us with are perfectly adapted to the drivers and development plans of Daltys. We look forward to working side by side and making Daltys a successful growth story.”
Established in 1980, the Daltys Group has built a highly diversified and resilient client base gathering in excess of 8,000 active clients. With long-term contracts and recurring renewals, Daltys benefits from high visibility on business activity. In 2010, the Group generated revenues in excess of €M 50.
21 will provide its support to further drive the market consolidation initiatives implemented by Daltys to date. Moreover, the build-up expertise of 21 will be key in integrating add-on acquisitions within the group to generate synergies and favor operational improvements as well as to conduct a geographical coverage expansion strategy.
Gérard Pluvinet, Founding Managing Partner and François Barbier, Managing Partner of 21 Centrale Partners commented: “This primary transaction in grounded in pursuing the successful build-up strategy led by the CEO, Christophe Brancato, over the last eight years. With the support of 21, the company will accede to a strong and relevant market positioning at the national level, providing for compelling growth prospects going forward.”
Christophe Brancato, Daltys CEO added: “We are very excited about partnering with 21. The entrepreneurial quality of their background and the means they provide us with are perfectly adapted to the drivers and development plans of Daltys. We look forward to working side by side and making Daltys a successful growth story.”