Company Profile

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KP1

Leading manufacturer of pre-stressed concrete building materials

KP1 is a leading manufacturer of pre-stressed concrete beams in France. The group manufactures a full range of structural components: vertical posts, beams, slabs, floor systems, and entire frameworks.

KP1 pioneered the technology of pre-stressing in the early 60's. Its end-markets are house building companies, but also constructors of industrial and service buildings as well as multi-dwelling homes. KP1 addresses only the new construction segment as opposed to the renovation market. The company has 40% market share in France.

During Alpha's holding period, KP1 took advantage of the favorable market trends : growth in number of houses being built, trend towards prefabricated building materials (KP1's business) as opposed to concrete cast on site. In two years, KP1 more than doubled its EBITDA through organic growth. Alpha helped management make many strategic investments : expanding production capacity, launching a new product line (vertical slabs, used to erect walls, which allow construction companies to save time and money). Alpha was instrumental in managing the debt and in securing the exit.

Industry Building sector
Country France
Date of investment 12-2004
Turnover 309 M€
Status Realized