Sulo, a global player headquartered in France, has acquired San Sac Group from Accent Equity.
Sulo is a leading international manufacturer of bins, underground and semi-underground systems for collection and separation of recyclable materials. Sulo is owned by Latour Capital, a private equity fund that makes investments in growth companies based in France and other European companies.
Latour Capital and Bpifrance announce the completion of a build-up operation for their portfolio company Sulo (former Plastic Omnium Environnement) with the acquisition of San Sac Group.
This acquisition is a key milestone in the strategic growth development that Sulo initiated a year ago. Both companies will benefit from important complementarities in terms of products, geography and customers, with multiple cross-selling opportunities.