{"id":6619,"date":"2020-05-11T11:08:56","date_gmt":"2020-05-11T09:08:56","guid":{"rendered":"https:\/\/www.abenex.com\/abenex-sells-mehari-club-cassis-to-capital-croissance-and-its-management\/"},"modified":"2023-11-16T11:11:00","modified_gmt":"2023-11-16T10:11:00","slug":"abenex-sells-mehari-club-cassis-to-capital-croissance-and-its-management","status":"publish","type":"post","link":"https:\/\/www.abenex.com\/nl\/abenex-sells-mehari-club-cassis-to-capital-croissance-and-its-management\/","title":{"rendered":"Abenex sells M\u00e9hari Club Cassis to Capital Croissance and its management"},"content":{"rendered":"\n<p>The M\u00e9hari Club Cassis Group (MCC) is the undisputed French leader (with more than 40% market share) in spare parts for Citro\u00ebn M\u00e9hari and 2CVs. MCC generated a turnover of nearly \u20ac17 million in 2019 and has been growing at an average annual rate of around 7% for nearly 15 years.<\/p>\n\n<p>The acquisition of MCC in 2013 allowed for a managerial transition with St\u00e9phane Wimez, Chairman and Julien Vagner, CEO, during a management buy-in accompanied by BPI.<\/p>\n\n<p>Since that date, the company operated a rapid structuration plan with the establishment of financial reporting, the reinforcement of teams, digital(ERP and  e-commerce website) and logistics (building of a site adapted to internet sales) reorganisation. Today, 60% of the company&#8217;s sales are made on the internet and nearly 20% are exported.<\/p>\n\n<div class=\"wp-block-columns is-layout-flex wp-container-core-columns-is-layout-28f84493 wp-block-columns-is-layout-flex\">\n<div class=\"wp-block-column is-layout-flow wp-block-column-is-layout-flow\">\n<div class=\"wp-block-image\"><figure class=\"aligncenter size-large is-resized\"><img decoding=\"async\" src=\"https:\/\/www.abenex.com\/wp-content\/uploads\/2023\/06\/1005631.jpg\" alt=\"Wooden steering wheel with silver center and wooden outline - MCC illustration\" class=\"wp-image-2000\" width=\"142\" height=\"142\"\/><\/figure><\/div>\n<\/div>\n\n\n\n<div class=\"wp-block-column is-layout-flow wp-block-column-is-layout-flow\">\n<div class=\"wp-block-image\"><figure class=\"aligncenter size-large is-resized\"><img decoding=\"async\" src=\"https:\/\/www.abenex.com\/wp-content\/uploads\/2023\/06\/030501006.jpg\" alt=\"Orange structure of a car - MCC company illustration\" class=\"wp-image-1998\" width=\"166\" height=\"166\"\/><\/figure><\/div>\n<\/div>\n\n\n\n<div class=\"wp-block-column is-layout-flow wp-block-column-is-layout-flow\">\n<div class=\"wp-block-image\"><figure class=\"aligncenter size-large is-resized\"><img decoding=\"async\" src=\"https:\/\/www.abenex.com\/wp-content\/uploads\/2023\/06\/2105230.jpg\" alt=\"Car headlight- illustration soci&#xE9;t&#xE9; MCC\" class=\"wp-image-1994\" width=\"112\" height=\"112\"\/><\/figure><\/div>\n\n\n\n<p><\/p>\n<\/div>\n<\/div>\n\n<p>All of these actions, combined with an asset buyback for engine refurbishment and the launch of EDEN (Mehari Electrique), have resulted in an annual sales growth of 8% per year between 2017 and 2020.<\/p>\n\n<p>This transmission operation provides total liquidity for the France Transmission Fund managed by Abenex, a shareholder since 2013. St\u00e9phane Wimez and Julien Vagner are strengthening their presence in the capital as well as Bpifrance, already present in the first round, which is reinvesting all of its proceeds in the operation alongside the funds managed by Capital Croissance.<\/p>\n\n<p>For Christian Dorl\u00e9ac &#8220;The evolution of M\u00e9hari Club Cassis over the last six years, characterised in particular by a managerial transition, an in-depth transformation of the organisation and digitalisation of the company and the launch of electric models, allows MCC to have the essential bases for its future development&#8221;.<\/p>\n\n<p>St\u00e9phane Wimez and Julien Vagner indicate: &#8220;We warmly thank the Abenex team who supported us in the takeover of the company, gave us the time and means to structure the company and invest in new developments, particularly in the field of electric mobility. The exit process has been quick and smooth, and we are delighted to pursue our projects with the support of a new partner, Capital Croissance, and BPI, who has maintained its confidence in us. &#8220;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The M\u00e9hari Club Cassis Group (MCC) is the undisputed French leader (with more than 40% market share) in spare parts for Citro\u00ebn M\u00e9hari and 2CVs. MCC generated a turnover of nearly \u20ac17 million in 2019 and has been growing at an average annual rate of around 7% for nearly 15 years. The acquisition of MCC [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":12704,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[105,107,110],"tags":[],"class_list":["post-6619","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-abenex","category-abenex-en","category-companies"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.1.1 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Abenex sells M\u00e9hari Club Cassis to Capital Croissance and its management | Abenex<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.abenex.com\/abenex-sells-mehari-club-cassis-to-capital-croissance-and-its-management\/\" \/>\n<meta property=\"og:locale\" content=\"nl_NL\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Abenex sells M\u00e9hari Club Cassis to Capital Croissance and its management | Abenex\" \/>\n<meta property=\"og:description\" content=\"The M\u00e9hari Club Cassis Group (MCC) is the undisputed French leader (with more than 40% market share) in spare parts for Citro\u00ebn M\u00e9hari and 2CVs. MCC generated a turnover of nearly \u20ac17 million in 2019 and has been growing at an average annual rate of around 7% for nearly 15 years. 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