The Calzaroni family invests more than 9 million euros of its equity in its KEP Technologies Group
Date: - Categories: Corporate
During the unprecedented crisis that we are currently experiencing, KEP Technologies Group has received the unfailing support of the French State through the measures put in place and supported by its banking partners, as well as through the actions of its historical shareholder BPI.
In order to confirm its commitment to the Group and its partners, the CALZARONI family has decided to proceed with a capital increase of 5 Million Euros. Together with the 4 million euros already reinvested in the Group in 2020, this brings the family’s equity commitment over the last 2 years to 9 million euros.
This capital increase comes in the midst of the health crisis linked to COVID-19, at a time when the aeronautical sector is undergoing unprecedented disruption and many players are withdrawing from the market and selling off their holdings.
It demonstrates, once again, the family’s commitment to the Group and its conviction that its development plan, anchored in its three strategic pillars, will be achieved:
- international development, by strengthening an already established presence on the 5 continents,
- innovation, through the implementation of in-house and collaborative development projects in France and around the world ,
- diversification, by expanding its development in a wide range of markets in which the Group is already established.
In addition, the Group remains particularly attentive to the situation of certain companies with unique expertise, in order to be able to safeguard them through acquisitions or partnerships, thus avoiding the loss or relocation of these skills.
This new capital increase, combined with the support of its financial partners, will enable KEP Group to carry out its development plan and to emerge stronger from the current crisis.