Following the public communication dated September 8, 2020, the ENVEA Group, together with its executives and its founder, are pleased to have completed the first step of the process of buying back its shares on the market (representing approximately 55.7% of the Company’s share capital) in partnership with Carlyle European Technology Partners.
The Group, which has exceeded the €100M milestone in 2019, is now entering a new stage of development while maintaining its current organization and management team.
This operation has been approved by the competent authorities, and shall be finalized before the end of 2020. Its achievement will enable the ENVEA Group to benefit from extended financial capacities, in order to intensify its growth strategy both in France and internationally.
ENVEA is a world-class manufacturer of ambient, emission and process monitoring systems, with full turnkey capabilities. ENVEA’s equipment and technologies encompass gas analyzers, dust monitors, solids and flue gas flow meters, as well as environmental data processing and reporting solutions.
ENVEA is headquartered in Poissy (France) and has over 700 FTEs within R&D centers, production facilities and Sales & Services local business units across France, the United Kingdom, Germany, Italy, the USA, India and China.
ENVEA’s shares are admitted to trading on the Euronext Growth market in Paris, under ISIN code FR0010278762.
About The Carlyle Group
The Carlyle Group (NASDAQ: CG) is a global investment firm with deep industry expertise that deploys private capital across four business segments: Corporate Private Equity, Real Assets, Global Credit and Investment Solutions. With $217 billion of assets under management as of March 31, 2020, Carlyle’s purpose is to invest wisely and create value on behalf of its investors, portfolio companies and the communities in which we live and invest. The Carlyle Group employs more than 1,775 people in 32 offices across six continents. Further information is available at www.carlyle.com. Follow The Carlyle Group on Twitter @OneCarlyle.