French industrial group TAP has acquired racking specialists Prodex and Mavipal, both placed in judicial receivership earlier this year. The Brive commercial court approved the takeover plans in late April, ending months of uncertainty for the two companies. Storagis, TAP’s distribution arm, will absorb the business.
End-to-End Racking Coverage
Prodex and its parent Mavipal had been under court protection since February 2026, after a previous spell inside Savoye’s portfolio. Both filed for judicial restructuring, putting roughly forty jobs at risk. Under the new ownership, 14 of 15 Prodex contracts have been kept on, alongside 18 of 22 at Mavipal. Mavipal’s 8,000 sqm plant in Burgundy joins the TAP network.
The group now controls the full value chain in static storage, from product design and engineering through manufacturing to onsite installation of racking systems. Counsel Herald Avocats, which advised on the transaction, said the court flagged the buyer’s financial strength and the industrial project as decisive factors. TAP also committed to continuity of service for existing customers.
A Multi-Brand Industrial Holding
Headquartered in Plaisir, near Paris, TAP was founded by Terry Agullo-Ponce. The group runs three lines: distribution (Storagis, IPS, TAP Shop, CPMS, Manusec, TAP Occaz, TAP Iberica, TAP Poland, TAP Deutschland), services (TAP Rental, Packing Log) and production (Mathiaut, Oxytemps, Bellevret, RV Metal, WPP, Metal Production). With the latest deal, the manufacturing footprint reaches 11 plants, nine of them in France.
TAP reported €114 million in revenue for 2024 with about 500 staff. The Prodex and Mavipal pickup is consistent with a wider consolidation pattern in European warehouse equipment, where mid-size players are folding into broader industrial holdings to defend pricing and stay close to fast-changing fulfilment specs.
For customers running ongoing racking projects, the immediate signal is continuity. The harder question is whether the enlarged Storagis can move quickly enough on automation-ready rack designs to keep up with logistics property operators that increasingly demand modular, retrofittable infrastructure.
