LeankCo, the holding company of CLUFIX since the arrival of majority shareholder Galiena Capital in 2023, announces the strategic acquisition of the TITANOX group, a recognized leader in the field of technical fastening. This transaction marks a key milestone in LeankCo's growth strategy and reflects its ambition to become a leading global player in this sector.
The acquisition of TITANOX will enable LeankCo to:
• Drive profitable growth through synergies between the two entities and the pooling of talents and resources.
• Establish LeankCo as a global leader in the technical fastening market by enhancing its international presence and innovation capabilities.
• Strengthen existing markets and diversify into strategic sectors connected to climate and energy transition, including decarbonized mobility, clean energy, and sustainable construction.
• Expand its products portfolio by incorporating complementary solutions such as blind rivets and self-clinching components.
• Enhance support for global clients, with focus on the automotive market, by offering more personalized local services and increased expertise.
This acquisition aligns with a clear strategic vision shared by the management teams of both CLUFIX and TITANOX, as well as majority shareholder Galiena Capital: to transform LeankCo into a global group able to anticipate market evolutions and meet the growing demands of more demanding industries.
By integrating TITANOX, LeankCo equips itself with the necessary resources to continue innovating and supporting its clients in overcoming technical challenges, while consolidating its growth in rapidly expanding markets.
About TITANOX: TITANOX operates in France, Turkey, and China, boasting over 60 years of expertise in fastening technologies. Through the high quality of its products and the technical proficiency of its product managers and sales teams, TITANOX has established itself as a key player in the market, supporting design offices in the search for assembly solutions. TITANOX markets renowned brands such as RIVELIT® (blind rivets) and TITANOX® (self-clinching components).
About CLUFIX: CLUFIX SAS, recognized for over 50 years for its expertise in mechanical fasteners, designs, manufactures and distributes brands such as CLUFIX® (blind rivet nuts), LIMITFIX™ (compression limiters), and SOFTERFIX™ (plastic molding inserts). The company operates in France, Germany, and the United States, supporting demanding client projects with customized product/process solutions.
About LEANKCO: LeankCo has been jointly owned by its management team and majority investment fund GALIENA CAPITAL since May 2023. This acquisition extends LeankCo's capital access to TITANOX's management team. The group employs 120 people and reports a consolidated turnover of €27 million.
About GALIENA CAPITAL: Galiena Capital supports the development of French SMEs with mid-sized businesses (revenues of €15– 50 million) in the B2B sector. As a main shareholder, Galiena Capital fosters ambitious growth projects combining organic and external growth, such as LeankCo's development strategy.
