Media release
LGT Private Debt sells its majority stake in Geomines to MBO+
Entities advised by LGT Private Debt have signed a sale and purchase agreement with private equity firm MBO+ for their majority stake in Geomines, a leading French company in the assessment and mitigation of explosive threats.
Pfaeffikon and Paris, 30 June 2026. Founded in 2000 and headquartered in Six-Fours-les-Plages, France, Geomines specializes in onshore and offshore survey and clearance, demilitarization and ammunition management, training and the dismantling of pyrotechnic plants. With approximately 80 employees, Geomines serves a diversified portfolio of blue-chip public and private clients in France and internationally.
Under LGT Private Debt's ownership and the leadership of a seasoned and committed management team, Geomines has undergone a significant transformation. In 2024, the company successfully acquired and integrated its main competitor, Eod-Ex, consolidating its leadership position in France. In parallel, Geomines has expanded its international presence by securing multiple contracts across Western and Eastern Europe, the Middle East and Africa, highlighting its recognized expertise in explosive ordnance management.
Etienne Haubold, Partner at LGT Private Debt, said: "Over the past few years, we have been impressed by Geomines’ development – from strengthening its French market leadership to reinforcing its international footprint. We would like to thank the entire Geomines team for the dedication they have shown throughout our partnership. We believe that the company is well positioned for its next chapter of growth."
Nathalie Félines, President of Geomines, commented: "The longstanding and continuous support of LGT Private Debt has been instrumental in accelerating our growth and consolidating our market position. We now look forward to pursuing the development of Geomines and entering this new phase alongside MBO+.”
Eléonore Forget, CEO of Geomines, added: "This transaction is a testament to the tremendous work accomplished by our teams over the past few years. We remain committed to further developing Geomines, building on the strong foundations that we have established with LGT Private Debt."
Private debt is one of LGT Capital Partners' areas of expertise in the field of private markets. The team has an average of 13 years of industry experience and is based in Paris, London and Frankfurt am Main. It has invested more than EUR 6.5 billion since 2005. As a specialist in the European private debt market, it arranged the first unitranche transaction in Europe in 2007.
LGT Capital Partners
LGT Capital Partners is a leading global specialist in alternative investing with over USD 110 billion in assets under management and more than 750 institutional clients in 50 countries. An international team of over 950 professionals is responsible for managing a wide range of investment programs focusing on private markets, multi-alternatives and diversifying strategies, as well as sustainable and impact strategies. Headquartered in Pfaeffikon (SZ), Switzerland, the firm has offices in San Francisco, New York, Dublin, London, Paris, The Hague, Luxembourg, Frankfurt am Main, Vaduz, Dubai, Beijing, Hong Kong, Tokyo, Singapore and Sydney.
IMPORTANT INFORMATION
AuM is estimated and subject to change. Private market assets are stated in terms of committed capital. References to LGT Private Debt's track record may reflect the activities of European Capital Ltd. (a predecessor entity), which was acquired by LGT Capital Partners and renamed LGT European Capital Ltd. and later LGT Private Debt. This marketing material was issued by LGT Capital Partners Ltd., Schuetzenstrasse 6, CH-8808 Pfaeffikon, Switzerland and/or its affiliates (hereafter "LGT CP") with the greatest of care and to the best of its knowledge and belief. LGT CP provides no guarantee with regard to its content and completeness and does not accept any liability for losses which might arise from making use of this information. The opinions expressed in this marketing material are those of LGT CP at the time of writing and are subject to change at any time without notice. If nothing is indicated to the contrary, all figures are unaudited. This marketing material is provided for information purposes only and is for the exclusive use of the recipient. It does not constitute an offer or a recommendation to buy or sell financial instruments or services and does not release the recipient from exercising his/her own judgment. This marketing material may not be reproduced either in part or in full without the written permission of LGT CP. It is not intended for persons who, due to their nationality, place of residence, or any other reason are not permitted access to such information under local law.
