Green light for the Automatic Barrier (LBA). By contributing 40 million euros to the capital of the Lyon family group, an amount greater than its turnover of 30 million in 2020, the iXO Private Equity investment fund opens the doors to the world. LBA aims to double in size within five years, in particular thanks to international markets. “This is the whole purpose of the entry of iXO, to allow us to carry out external growth operations”, explains Hélène Lorenzi-Hardouin, Deputy Director.
LBA maintained its turnover in 2020 thanks to good export figures: the company is distributed in 20 countries (Russia, Dubai, Brazil, Mexico, Morocco) and expects its income to triple from 2023. from abroad (i.e. 10 million euros). The structuring is underway with a first subsidiary opened in Spain and the next in Mexico.
Securing the UN and the Eiffel Tower
Founded in 1984, the manufacturer, which has 140 employees, is the French number one in motorway barriers and car parks. But LBA has diversified into turnstiles, harrows for sensitive sites, anti-crossing obstacles or retractable access bollards – they stand guard around the Eiffel Tower and the UN. “We have a global vision of the security of a perimeter, whether for flow management, high security or urban spaces”, claims Hélène Lorenzi-Hardouin.
The group has also developed a mixed turnstile to filter bicycles and wheelchairs. Another diversification, less original, its dispenser of hydroalcoholic gel of large capacity (20 liters) has found its market. It has just been selected by the Ile-de-France region to equip its transport network.
Made in France
For communities, LBA has developed since 2019 street security furniture combining aesthetic and functional qualities by working with architects and landscapers. The anti-ram anti-ram obstacles in the “security by design” range are presented as public benches covered with pollution-reducing materials, which emit wifi.
The group assembles all of its products at two sites near Avignon and Lyon. “The components are 99% made in France, says Hélène Lorenzi-Hardouin, apart from the LEDs which come from China”.