Created in 2002 by Elie Benmergui (“the Founding Director”), the GPS Group is an integrated player present in three activities of the glass value chain:
- Trading & Distribution of flat glass (raw or processed) to glass processors and end users in the construction sector (historical activity since 2002 in France with development in Spain in 2004) – 60% of FY21PF turnover
- Processing: since 2012, diversification into flat glass processing through 3 acquisitions (including 2 structuring acquisitions in 2021) and 2 entity creations – 27% of FY21PF sales,
- Installation/installation: as of 2019, continued diversification into installation/installation activities, with the creation of two dedicated entities – 12% of FY21PF revenue.
The Group operates mainly in the French (38% CAFY21A), Spanish (47% CA FY21A) and Portuguese (7% CA FY21A) markets. It has a base of over 1,000 customers.
The Group, which has developed a product portfolio of more than 2,000 references (raw or coated lenses) constituting one of the deepest ranges on the market, works with a large network of suppliers, some of whom have exclusive distribution rights in France and Spain.
The logistics organization in place allows us to offer several distribution methods to our customers:
- Direct delivery to the customer,
- Distribution warehouses: over 100,000m² of platforms in France (3 warehouses) and Spain (8 warehouses),
- Consigned stock at the customer’s premises: a stock available at any time without having to pre-finance (25 stocks of this type in France and Spain).
Olivier Athanase, Hasnaa Hafid
Participation: minority
Activities:
Trade, transformation and installation of glass products, accessories and derivatives
for building and industry.
Leaders:
Elie Benmergui
IXO intervention: 18,6 M€
Sales figures: 109,3 M€ (2021)
Effective: 350 (2021)