Paris, December 19, 2023,
DDA & Company advises Fogale Sensors‘ shareholders in an external growth operation with the acquisition of Texys, the global leader in high-precision sensors used in Automotive Competition, Testing Centers, Aerospace, and Industry.
Backed by Capital Export since September 2022, Fogale Sensors, a specialist in the design and manufacturing of capacitive sensors for industrial and scientific applications in Medical, Aerospace, Robotics, Energy, and Sustainable Development, initiates its development strategy by acquiring Texys.
This external growth operation aligns with the shareholders’ desire to establish a prominent French player in the development of high-tech sensors with a broad spectrum of technologies. The integration of the two groups will diversify their respective product offering, enabling them to offer both off-the-shelf and customized solutions. They will share technological expertise in capacitive and optical measurement and create commercial synergies by leveraging local presence and distribution networks.
Jérôme Porque, CEO of Fogale Sensors, states, “The collaboration with Texys quickly became an obvious choice for our teams. We share a common passion for the design and marketing of high-tech sensors that meet the increasingly high expectations of our customers. This is reflected in our ability to take risks and overcome technical and commercial challenges in growing markets.”
Michel Claret, Partner at Capital Export, says, “Since the acquisition of Fogale Sensors, we have identified and launched numerous development initiatives, particularly internationally in the United States, Japan, China, and Europe. In parallel, a targeted acquisition strategy has been defined to strengthen the Group’s technological leadership and enhance its sectoral and geographical footprint: Texys is the first significant realization of this strategy. We are pleased to have convinced Philippe Leuwers to join us; the evident complementarities between Fogale Sensors and Texys, whether technological, market-oriented, or geographical, allow the Group to immediately change dimensions and assert itself as a reference in optical and capacitive sensors.”
The DDA & Company team, consisting of Alain Sitbon and Florian Charrière, advised Fogale Sensors in this external growth operation, which once again demonstrates DDA & Company‘s expertise in the niche industries sector.
