Acquisition of French family group Devaux
EXEL Industries today announces the acquisition of an 81% majority stake in Devaux, a French family-owned group specializing in the manufacture and sale of gardening tools.
EXEL Industries today announces the acquisition of an 81% majority stake in Devaux, a French family-owned group specializing in the manufacture and sale of gardening tools.
EXEL Industries posted revenue of €483.1 million for the first half of 2022–2023, up 18.7% as reported and up 16.1% at constant foreign exchange rates and scope.
EXEL Industries posted sales of €297.9 million for the second quarter of fiscal 2022-2023, up 20.4%.
We had an unusual year, with first of all, a supply crisis that occurred just after the lifting of Covid-19 health restrictions. […]
Find out more about our strategy, vision, innovations, actions to enhance positive impact in EXEL Industries’ new Annual Report.
The EXEL Industries Group posted sales of €185.1 million in the first quarter of 2022–2023, up 16.1%, driven mainly by organic growth in agricultural equipment.
>Sharp improvement in second half margins
After the inauguration of a temporary exhibition of collector’s agricultural machinery at the Épernay Museum of Champagne wine and regional archaeology on October 5, 2022, the EXEL Industries’ 70th anniversary event continued internally.
On October 5, 2022, to celebrate its 70th anniversary, the EXEL Industries Group is organizing a company event at the Épernay Museum of Champagne wine and regional archaeology together with a temporary exhibition of collector’s spraying machines on display in the museum courtyard and on Avenue de Champagne.