Turnover: 672 million EUR (2022)

Country: France

  • Lapeyre has been part of Saint-Gobain's Building Distribution division since 1996
  • the company manufactures doors and windows, furniture and kitchens
  • In financial difficulty for several years, the company was taken over by the German turnaround fund Mutares in 2020
  • 126 stores in France
  • 3100 employees
  • Program of 70 franchise store openings

News

Lapeyre: Industrialists threatened by rising electricity rates 25/08/2023

  • Lapeyre is a manufacturer and seller of doors, windows and kitchens, operating nine factories in France.
  • Factories account for two-thirds of the Group's electricity consumption.
  • Expensive electricity represents a risk for industries producing standard products in the face of international competition. It also acts as a brake on investment, as it reduces the company's margins and investment capacity, and creates uncertainty, hampering medium and long-term planning.

Under German flag, Lapeyre on the road to recovery 09/03/2023

  • 3000 employees
  • The Saint Gobain group paid 243 million euros to divest Lapeyre
  • Lapeyre plans to open 70 franchise stores
  • In 2022, Lapeyre's sales were almost stable compared to 2021, at nearly €700 million.

Lapeyre on the move 05/12/2022

  • German group Mutares to take over Lapeyre in 2021
  • 163.9 million invested since Mutares takeover
  • 126 stores in France
  • Lapeyre to expand into franchises from 2023
  • Program of 70 stores to be opened as franchises
  • Growth market of €34 billion in France in 2021
  • The company, which has been in financial difficulty for several years, is to be sold by Saint Gobain in 2020 to the German turnaround fund Mutares
  • Saint Gobain had to pay €250 million in compensation

Financial Data

DUNS: 542020862

Legal Name: LAPEYRE

Address: 3 BD DE SEBASTOPOL , 75001 PARIS 1

Number of employees: Au moins 1 salarié (2022)

Capital: 77 496 636 EUR


Financial Data:

Year 2021 2020 2019 2018 2017 2016 2015
Turnover 583 583 238 519 973 588 567 334 241 577 109 313 566 956 992 558 706 376 590 016 743
Gross margin (€) 379 280 014 268 964 232 269 301 764 251 456 735 251 493 415 248 501 613 -
EBITDA (€) -17 007 463 -18 463 808 -29 474 541 -181 570 316 -16 728 423 -8 444 677 -
Operating profit (€) -65 130 291 -77 284 179 -88 843 138 -208 252 715 -46 405 605 -42 392 005 -
Net profit (€) -26 861 507 -73 712 225 -219 146 415 -389 947 767 -67 724 970 -84 310 522 -78 696 360
Turnover growth rate (%) 12,2 -8,3 -1,7 1,8 1,5 -5,3 -
Ebitda margin rate (%) -2,9 -3,6 -5,2 -31,5 -3 -1,5 -
Operating margin rate (%) -11,2 -14,9 -15,7 -36,1 -8,2 -7,6 -
Working Capital (turnover days) 14,3 12,5 -31,6 -50,3 -54,2 -113,6 -
Working Capital requirements (turnover days) -52,4 -56,4 -52,8 -51,1 -42,9 -49 -
Net margin (%) -4,6 -14,2 -38,6 -67,6 -11,9 -15,1 -
Added value / Turnover (%) -5,6 -4 -5,5 -4,2 -3,8 -1,8 -
Wages and social charges (€) 165 104 207 358 189 125 163 248 227 533 313 891 -
Salaries / Turnover (%) - - - - - 0,1 -

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