The Texelis management team, led by Charles-Antoine de Barbuat, has acquired the majority shareholding of the Group with the support of institutional investors Siparex, Bpifrance and Carvest, it announced on 12 December 2018. Phillippe Frantz, who has been the majority shareholder since 2009 when the company separated from Renault Trucks continues as a shareholder, to provide continuity as the company continues on its growth path.
