The PICOT Group is continuing its expansion with the announcement of the acquisition of Neo10, a company specialising in the online sale of aluminium garage doors and gates.
Founded in 2007 and based in Avrainville, France, Neo10 has established itself as a recognised player in the e-commerce sector for bespoke gates, shutters and garage doors.
An expanded range of services for private customers
This acquisition is fully in line with the PICOT Group’s strategy to strengthen its digital transformation and its presence in the e-commerce market. In particular, it enables the Group to expand its product range by incorporating bespoke ranges and complementary materials, particularly in the field of aluminium.
Neo10 thus complements the activities of Districlos, another PICOT Group subsidiary specialising in the physical and digital distribution of fencing and gates. This synergy enables the PICOT Group to offer a broader range of products, tailored to a variety of needs, from standard products to bespoke solutions.
A shared growth dynamic
As a growing company, Neo10 shares common values with the PICOT Group, particularly in terms of service quality, innovation and customer focus. Through this transaction, the PICOT Group is reaffirming its ambition to consolidate its position in the French and European markets, accelerate its growth and strengthen its expertise in gate and garage door solutions, by leveraging industrial and digital synergies.