At the end of February, prefabrication specialist KP1 was acquired by JAV Investissement. The French industrial fund, which already owns PBM, the European leader in prefabricated concrete staircases, and Eurobéton, a specialist in prefabricated structures for buildings, is thus continuing its expansion.
It completes its offering and thus strengthens its position in the off-site construction market.
Founded in 1959 in Avignon, KP1 is today the French benchmark in floor and structural solutions: beams, interjoists, thermal breaks, pre-slabs, beams, hollow core slabs, pre-walls, etc. An innovative company, it develops high-performance and sustainable solutions to construct more environmentally friendly buildings, in line in particular with the thermal and carbon requirements of RE2020.
With this acquisition, JAV Investissement has formed a solid and cohesive group to address virtually all precast concrete markets in France: all buildings, single-family homes, multi-family residential, retail, parking, logistics, industry, and civil engineering. The combined group will generate revenue of nearly half a billion euros and will include more than 20 industrial sites spread across the country.
For Jean-François TURELIER, who is taking over as director of KP1: "This new KP1 entity will be able to meet the many technical challenges of functional buildings such as "logistics bases" or "data centers" which are increasingly being developed throughout France: large size, handling of large loads, rolling loads, multi-story, large spans, fire protection and low carbon."
JAV Investissement has over 40 years of expertise in the construction industry. The group boasts several companies specializing in building, construction, and real estate development.
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