Groupe RG & Ardian: Accelerating European leadership through strategic partnership and digital transformation

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Groupe RG & Ardian: Accelerating European leadership through strategic partnership and digital transformation

  • 08 September 2025

  • Expansion

Reading time: 3 minutes

    Discover how Groupe RG, under the leadership of CEO Pierre Manchini, has evolved from a national champion to a European leader in personal protective equipment (PPE) distribution. In this exclusive video, Pierre Manchini and Arnaud Dufer, Head of Ardian Expansion France, share insights on Groupe RG’s journey, the impact of Ardian’s partnership, and how innovation and M&A are driving growth and value across Europe.

    Ardian & Groupe RG | Building a European leader in personal protective equipment

    Attracted by Group RG, the French leader in personal protective equipment (PPE) distribution, strong leadership and promising market outlook, Ardian invested in 2021 to support its ambitious transformation.

    From French leader to European powerhouse

    From French leader to European powerhouse

    Groupe RG, a specialist in PPE distribution, has long been recognized for its robust management and strong financial health. Since Ardian’s investment in 2021, the company has accelerated its transformation, moving from a regional player to a national leader, and now, to a key European force. This growth has been powered by a dynamic external growth strategy and Ardian’s international network.

    With Ardian’s support, we have moved from one acquisition per year previously to eight in just three years, including major players in Benelux, Spain, Ireland, and Italy. In December 2023, the acquisition of Vandeputte in Belgium was transformative, being half our size and expanding our European footprint.

    Pierre Manchini, CEO of Groupe RG

    Strategic M&A and digital transformation

    Strategic M&A and digital transformation

    Operating in a highly regulated and promising niche market, Groupe RG has leveraged Ardian’s expertise and financial means to accelerate its M&A strategy. The partnership has enabled the group to complete three acquisitions per year over the past three years—up from one per year previously—including the game-changing acquisitions of Vandeputte, leading PPE distributor in the Benelux as well as currently Cotral Lab which manufactures and directly distributes custom-molded hearing protection as well as protective prescription eyewear.

    These acquisitions, supported by a robust organic growth,  propelled Groupe RG’s turnover from €160m when Pierre Manchini was appointed CEO and 280 million when Ardian Expansion invested three years ago to over €650 million —  proforma from the most recent signed acquisition, Cotral Lab —, with international revenues now representing more than half of consolidated sales.

    • From €280 to €650+ million

      of revenue growth since Ardian’s investment

    • 9 acquisitions

      in 3 years (previously 1 per year)

    Beyond M&A, Ardian has played a pivotal role in Groupe RG’s digital transformation. Together, they have launched new e-commerce platforms tailored to different market segments, including partnerships with Amazon to reach small businesses and craftsmen. The harmonization of ERP systems and the recruitment of a dedicated digital team have further optimized operations and reporting.

    The collaboration also extends to artificial intelligence and cybersecurity, with projects developed alongside partners like Artefact, ensuring Groupe RG remains at the forefront of innovation.

    A shared ambition for European leadership

    A shared ambition for European leadership

    Looking ahead, Groupe RG and Ardian are committed to maintaining their growth trajectory and capitalizing on the reindustrialization of Europe. The partnership is built on trust, shared ambition, and a relentless drive for excellence.

    We were the leader in France, and we want to be the undisputed leader in Europe. With Ardian, we are building tomorrow's success for Groupe RG

    Pierre Manchini, CEO of Groupe RG

    Watch the full video to learn more about Groupe RG’s journey and the transformative impact of Ardian’s partnership. ↑

    • Expansion

    • Groupe RG

    • digital transformation

    • M&A

    • private equity