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Agriservice acquired by a company of IMPAACT Group

Edouard LECOMPTE has signed a final agreement for the transfer of the entire capital of his company Agriservice, to the company Établissement LARRIEU managed by the IMPAACT Group.

OPERATIONS

16 January 2023

Edouard LECOMTE has signed a final agreement for the transfer of the entire capital of his company Agriservice, to the company Établissement LARRIEU managed by the IMPAACT Group.

Agriservice, a company created in Monein (64) and managed since 1996 by Edouard LECOMTE, is specialized in the distribution of agricultural equipment. The company operates in the winegrowing and oenology markets in the Jurançon region, but also in the field crop markets (corn, cereals, meadows, etc.), livestock feed, and the supply of fuel oil and non-road diesel, with a turnover of over 4 million euros. Agriservice is also at the head of a consulting activity in regulation and sustainable agriculture.

At the same time, Edouard LECOMTE has developed RURAL MASTER, a 1,300m2 local store for individuals. This activity represents about 22% of the global turnover.

It is within the framework of his retirement, that the company Agriservice was transmitted to the Establishments LARRIEU, family company of trade of agricultural material since 1996 and member of the network IMPAACT: a private group of agricultural trade existing for more than 35 years and with a Turnover approaching 160 million euros. This network includes 240 salesmen and 80 independent agricultural traders, called “new generation”, integrating the vision of the family trade.

This acquisition is an opportunity for Établissements LARRIEU to acquire new commercial resources.

About Widoowin CF

Widoowin CF is a company composed of M&A experts, created by entrepreneurs for entrepreneurs. The Widoowin CF team accompanies managers at all stages of their professional life, whether they are in development or in a phase of transfer. Widoowin CF attaches great importance to the entrepreneurial project and wishes to help companies to manage their transition in the best conditions for their clients and in the interest of the common good. Its missions require important resources in terms of information brought by M&A System™, but also in terms of human resources. Its teams of experts are present in proximity, in each of its consulting centers, to best support the operations entrusted to them.

Additional information

https://www.agriservice.pro/default.aspx