Siparex-backed Groupe PG acquires Modelage Dieppois

Groupe PG has acquired Modelage Dieppois, a specialist in high-precision machining and prototyping of complex parts. It is the second acquisition since the Fonds France Nucléaire, managed by Siparex, entered Groupe PG's capital in 2023.

The companies say the deal adds to Groupe PG's complex machining, fine sheet metal, assembly, industrial electrical and automation capabilities. The group expects to move further upstream in its customers' projects and offer an integrated range, with nuclear and defence as priority sectors. The combined group will have consolidated revenue close to €30 million and 186 employees. Further acquisitions are under study.