# Sparring Capital takes majority stake in AFITEXINOV; Sébastien Mathiot becomes CEO

Sparring Capital has taken a majority stake in AFITEXINOV Geosynthetics. Co-founder Yves Durkheim will leave as president after 31 years, succeeded by Sébastien Mathiot as CEO. The group plans to accelerate international expansion.

- Type: Leadership
- Announced: 2023-02-06
- Where: France
- Status: announced
- Products: geosynthetics
- Sectors: [Industrial Textiles](https://endata.com/sectors/industrial-textiles.md)

## Companies

- [Afitexinov](https://endata.com/companies/67928.md)
- [Sparring Capital](https://endata.com/companies/6377.md) (investor)
- [Swen Capital Partners](https://endata.com/companies/67929.md) (investor)

## Sources

- [geosyntheticsmagazine.com](https://geosyntheticsmagazine.com/2023/02/06/afitexinov-geosynthetics-introduces-new-management-team/), 2023-02-06: "The arrival of Sparring Capital as shareholder of our group will allow us to further boost our development in France and abroad, both on the industrial and commercial levels."

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