Sale of subsidiaries of TEAMS Ingénierie to au Groupe Gagneraud
Exco Finance & Transactions and the Financière de Courcelles teams advised TEAMS Ingénierie, a design office and general contractor specializing in industrial engineering, on the sale of its subsidiaries to the Gagneraud Group.
Lyon, November 27, 2025
Exco Finance & Transactions and the Financière de Courcelles teams advised TEAMS Ingénierie on the sale of its subsidiaries dedicated to industrial project engineering to the Gagneraud Group, a leading French player in the construction industry with over €700 million in revenue.
Founded in 2012 in Clermont-Ferrand by Patrice Dupouyet, TEAMS Ingénierie (hereinafter the “Group”) is a recognized design office, initially focused on industrial process engineering. The Group has progressively expanded its expertise to include building engineering, energy, and utilities for industrial sites. It works on new and existing projects and systematically co-develops its operations from the initial study phase through to completion. Its services cover a wide range of missions, from process optimization and industrial site expansion to energy audits, utility work, and maintenance.
The divested business encompasses several complementary entities:
- DH Contracting and Dupouyet Contracting, specializing in the optimization of industrial processes (manufacturing, packaging, storage, transfers, etc.);
- Ingebat Contracting, focused on the construction and renovation of industrial buildings;
- The MDE Contracting brand, dedicated to energy auditing, diagnostics, and optimization.
Historically positioned as a general contractor, the Group undertakes projects involving the creation or renovation of industrial lines and processes. Its technical expertise and the high quality of its teams’ work have enabled it to forge lasting relationships with leading clients in the food processing, pharmaceutical, financial services, and bioplastics sectors.
This transaction allows Gagneraud to strengthen its presence at the heart of the industrial building sector and address the needs of production sites, leveraging the Group’s expertise and skills to deploy these capabilities on a larger scale.
Patrice Dupouyet, Head of Teams Engineering
“This acquisition will allow us to embark on a new phase of development. By joining a solid and structured player, we will be able to better support the sustained growth of our clients, while preserving our technical DNA and the close relationships that have always been our strength.”
Jacques Schwab, Executive Director, Financière de Courcelles and Exco Finance & Transactions
“We are very proud to have supported Patrice Dupouyet and his team in this transaction, which allows them to join a recognized family-owned group in the construction sector, while preserving its core identity. This transaction illustrates our expertise in supporting shareholder-managers in primary transactions.”
About the Gagneraud Group
Founded in 1880, Gagneraud is a major player in the construction and public works sector. Historically present in public works and with a network of over 50 independent companies, Gagneraud has diversified and expanded its activities into materials processing, civil engineering, construction, and industrial services, enabling it to achieve a turnover of approximately €700 million.
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