The Poujoulat Group acquires 80% of the Spanish company Convesa

Poujoulat SA announced the acquisition of 80% of the capital of Convesa, one of the main Spanish manufacturers of metal chimney flues. This operation, dated May 30, 2024, consolidates Poujoulat’s international presence.

Founded 50 years ago, Convesa is a key player in the metal modular chimney market. The company offers a wide range of products for various types of generators, and its activities cover individual and collective housing as well as the tertiary and industrial sectors.

In 2023, Convesa achieved a turnover of 17.5 million euros, with a majority of its sales international. Its team of nearly 100 employees benefits from modern and efficient industrial tools.

With this acquisition, Poujoulat strengthens its presence on the European market and now has a strong presence in Spain. The Poujoulat Group is present in nine European countries and exports to more than thirty countries.

Roberto Sanchez, Managing Director of Convesa, will continue to lead the company and support its development, in synergy with Poujoulat. Frédéric Coirier, CEO of Poujoulat, is delighted with this acquisition which allows them to consolidate their position as a European leader.