Paris, October 31, 2023, Tioopo Capital is proud to announce the acquisition of MP Vitrage, a Living Heritage Company ("Entreprise du Patrimoine Vivant", EPV) specialized in the production of high-end glass for the restoration of historical and listed monuments.
Located in Normandy, MP Vitrage combines technical skills related to glass production with artisanal expertise dedicated to preserving French heritage. The company works on some of France's most prestigious restoration projects, supplying bespoke glass to monuments classified as part of the national patrimoine.
A heritage business with global resonance
MP Vitrage embodies the qualities Tioopo Capital seeks in its investments: rare technical know-how, unwavering quality standards, an enviable client base, and a labelled commitment to preserving the savoir-faire that built France's architectural heritage.
The EPV label, granted by the French state, recognises companies with exceptional industrial and artisanal expertise. It is held by fewer than 1,500 businesses across France and represents the very top of the heritage craft pyramid, a select group that includes Tioopo's first investment, Cuir du Vaudreuil.
The investment thesis
With Tioopo's support, MP Vitrage will:
- Expand production capacity to meet rising demand from major restoration projects across France and Europe
- Strengthen its commercial reach with architects, restoration specialists, and historical monument administrators
- Preserve and develop the savoir-faire that makes the company a unique partner for heritage restoration
- Invest in next-generation talent to ensure the transmission of skills to the next generation of glass craftspeople