The STEP Group, a French manufacturer of made-to-measure wood and metal furniture, joins the HESTIA Group (CJS, GVA, BALTYS)

• The STEP Group is a fully integrated French industrial group specialising in wood and metalworking for industry and shopfitting. The Group is made up of four companies with complementary expertise:

–STEP, manufacturer of metal furniture, primary parts, sub-assemblies for industry (automotive, rail, energy, etc.) and industrial subcontractor

–FC2AA, a manufacturer of wooden furniture and made-to-measure fittings

–RASEC AMÉNAGEMENT, manufacturer of check-out furniture and specialised furniture for points of sale (supermarkets, hypermarkets, pharmacies, luxury goods shops, etc.)

–RASEC BELGIUM, distributor of RASEC AMENAGEMENT products in Belgium.

• The Group has four production sites in France, located close together geographically, enabling strong industrial synergies and limiting the use of external subcontractors.
• The STEP Group, which achieved consolidated sales of nearly €35m in 2022, counts among its regular customers nationally and internationally renowned names in the retail, automotive, rail, banking and luxury sectors.

• HESTIA (through its current subsidiaries CJS, GVA and Baltys), a specialist in equipment and fittings for sales and service outlets, designs products through its integrated design studio, manufactures furniture in its current 5 production plants, and also has the capacity to carry out fittings work (TCE).HESTIA positioned itself as part of the competitive process put in place by Societex Corporate Finance.
• This merger will enable HESTIA, and its CEO Jean-François Lendais, to continue its strong development, notably through external growth, to significantly strengthen its industrial presence in France with 9 production plants, and to benefit from greater synergies between the different entities.