CARVEST participates in the transmission of Texelis

In December 2018, Carvest acquired a stake in Texelis.

Type(s) of transaction(s)

Capital transmission

About Texelis

Texelis is a leading player in the power transmission market, specializing in the design of axles and technical parts for niche programs in the rail and defense sectors.

Thanks to a comprehensive product offering that has gradually evolved, Texelis designs and integrates chassis and complete mobility solutions for the defense and transportation sectors. This expansion of the range was illustrated at the beginning of 2018 by winning the tender for the French army’s new light armored vehicles (SERVAL).

Charles-Antoine de Barbuat CEO of Texelis and his teams were able to rethink the Group’s product positioning when Renault Trucks Defense was spun off in 2009 and implement it successfully.