Change in Top Management at the SERAPID Group

	Rigid chain technology from the Serapid Group

The SERAPID Group develops, manufactures, and supplies horizontal and vertical load transfer systems based on rigid chain technology (RCT), across a wide range of industries.

Thanks to the trust of its customers and the good work commitment of its team, The Serapid Group has become one of the leading manufacturers in its market segment during its 45 years of existence.

After 30 years at the helm, Saïd Lounis has sold The Serapid Group to Emeric Labesse and Guillaume Davies, who serve as CEO and chief operating officer, respectively; and are backed by LBO France, one of France's leading private equity companies. Lounis has retained an investment in The Serapid Group.

Their ambition is to continue the development of the company based on the fundamentals that have made Serapid a success: innovation, competence, and the excellence of its team.

The lift and horizontal transfer system provider, Serapid, Inc. (www.serapid.com), specializes in rigid chain technology for applications in diverse industries including architecture, nuclear, medical, defense, steel, automation, engineering, manufacturing, theatre, and entertainment. Serapid has a longstanding commitment to continued innovation in product design as well as to providing leadership in the advancement of engineering practices worldwide.