(AOF) – Lacroix announces the entry into exclusive negotiations with the North American industrial investment company American Industrial Acquisition Corportation (AIAC) with a view to the sale of its signaling segment (8% of Lacroix’s turnover in 2022 ). This announcement follows the communication of February 9, 2023 in which Lacroix expressed its desire to find a buyer for this activity, in order to concentrate its investments on its strategic markets around industrial IoT and electronic equipment.
The scope of this negotiation remains unchanged: it represents a projected turnover of 57 million euros for the year 2023 and concerns 315 employees across the Saint-Herblain industrial site (260 people), three distribution subsidiaries. (Reunion, Mayotte and New Caledonia), and an establishment in Spain.
Created in 1996, the industrial holding company AIAC is focused on investing in industrial companies as part of a long-term vision. To date, its portfolio is made up of nearly 80 sites established in 24 countries in North America, Europe and Asia.
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Sector sheet – Electronics
Large TVs booming
If specialists expected less appetite for large televisions after the health crisis, this is clearly not the case. The IFA highlighted the development of this equipment, with screens that can reach up to 120 inches. This market segment should see its activity driven by next summer’s Olympic Games. Leader for seventeen years in the television market, Samsung offers the most complete technological range. Large televisions are rather standard products for the Korean giant. As for the Chinese TCL, which took second place in the world market from LG, it is banking on the accessibility of its products, with prices significantly lower than those charged by Samsung. The group achieved growth of nearly 68% between the first half of 2021 and 2022 in the segment over 65 inches. Over one year, the average size of screens marketed by TCL increased from 46.3 to 49.9 inches. Another Chinese player, Hisense, is also seeking to gain market share in this niche.