Project Description

AFIVAL advised FMEA rank 2 on the accounting and financial aspects (financial due diligence, independent review of the business plan) of its €3 million investment in the CITELE group. We have acted in France and abroad.

The CITELE group is a group with a turnover of €40 million and a workforce of 350 people. The group is present in the automotive and energy sectors as a subcontractor specialising in the production of complex industrial parts by machining and casting.

The CITELE group is present in France, Hungary and China.