Back to portfolioE.CF
E.CF is the European leader in the distribution of small equipment and non-food consumables for catering. The group was created by the merger between Chomette Favor and the Ecotel Group.
Chomette Favor is a century-old French company that has developed with the support of family shareholding resulting from the merger of three regional wholesale distributors. After a major investment in modern and automated logistics in 1991-1993, the company faced a decline in its market and was in dire financial situation. Through a capital injection in 1994, Chequers provided the resources to recover and set the conditions to redevelop in its core market. New management was appointed in 1998, starting a new phase of growth and geographical development in France and neighbouring countries. The group was renamed E.CF in 2000.
Value creation
The company benefited from Chequers’ financial and strategic support to strengthen its management and processes, and a voluntarist strategy provided renewed prospects of conquering an atomised market. The merger of Chomette Favor with the Ecotel group, the 2nd largest player in the French market, was instrumental in the group's growth. The company doubled in size and turned around from a significant loss-making position at the time Chequers invested in Chomette Favor, to become one of the most profitable wholesale distributors in the French market. The group was sold in 2011.1994
0-100 M€
Turnaround
B2B Services
France