Activa Capital, the mid-market French private equity firm, has appointed former Labeyrie Fine Foods president Xavier Govare as the chairman of its industrial committee.
Govare will succeed current chair Philippe du Mesnil. du Mesnil, 67, is a former president of Ceva Santé Animale and will continue to sit on the committee.
Activa’s industrial committee is composed of 15 renowned industry experts who support the Activa Capital team in the study of investment opportunities and the monitoring of portfolio companies.
During Govare’s 27 years at Labeyrie, revenues grew 36 fold as the company made 12 bolt-on acquisitions and grew strongly outside of France.
Govare is an EDHEC graduate and prior to Labeyrie worked for Reckitt Benckiser and Best Foods. He is also a director of Savencia Fromage & Dairy and Logismose Meyers.
Activa Capital backs French SMEs valued at between €30m and €200m. The firm manages more than €500m.