# InnovaFonds acquires majority stake in Alpex Protection

InnovaFonds completed a majority acquisition of Alpex Protection, a European leader in technical textiles for fire, police and military uniforms, alongside management, BNP Paribas Développement and CELDA Capital Développement. Alpex Protection has annual revenue of about €20 million.

- Type: Acquisition
- Announced: 2021-10-06
- Where: Saint-Chamond, France
- Status: completed
- Products: technical textiles for uniforms
- Sectors: [Industrial Textiles](https://endata.com/sectors/industrial-textiles.md)

## Companies

- [BNP Paribas Développement](https://endata.com/companies/8428.md) (investor)
- [Alpex Protection](https://endata.com/companies/38702.md) (target)
- [Innovafonds](https://endata.com/companies/47522.md) (acquirer)
- [CELDA Capital Développement](https://endata.com/companies/58208.md) (investor)

## Sources

- [mesinfos.fr](https://mesinfos.fr/auvergne-rhone-alpes/saint-chamond-innovafonds-realise-la-reprise-majoritaire-d-alpex-protection-90348.html), 2021-10-06: "InnovaFonds réalise la reprise majoritaire d'Alpex Protection aux côtés de son management, de BNP Paribas Développement et de CELDA Capital Développement."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.