GL events group has acquired 100% of the share capital of the holding company of Locabri, a supplier of temporary structures in France and Spain.
GL events acquired the ownership from TCR Capital, Siparex, CARVEST and APLUS.
Olivier Ginon (pictured), chairman-CEO of GL events, commented: “With Locabri, we are delighted to welcome a remarkable team with whom we share values and a vision that allows us to look forward to the future with confidence in terms of a successful integration and growth. By combining Locabri’s range of services with its own event industry expertise, GL events accelerates the development in France and Spain of its temporary structures offering already strengthened by the Group in 2022 with the acquisition in the United Kingdom of Field & Law. “This acquisition will allow the group to support its growth in 2023 and 2024, which will be driven, in particular, by sports, economic and cultural events in France and abroad.”
Based in the Lyon region (Brignais), Locabri has more than 70 employees and a diversified portfolio of customers operating in the industrial, retail, service and logistics sectors.
The current management team remain will remain in place. This acquisition strengthens GL events’ position in the French market in the industrial sector while completing the group's offering of temporary structures provided by Spaciotempo and further diversifying activities outside the event industry.
