Startup Business Launch and Exit in France (EXA-AIR)
December 15, 2020
In 2014, in France, EIS launched EXA-AIR SAS (CEO: Thibaut Mallet de Chauny, EIS Founding Partner), manufacturing patented ultra-resistant protective packaging developed in Japan. In 2020, EIS sold EXA-AIR SAS to a French logistics company, THE MENLO GROUP (CEO:Jean-Francois DAVIET). It is EIS’s first startup business that successfully executed its exit strategy.
Global e-commerce and international shipping are expanding. The world needs an innovative solution that can reduce high shipping and distribution costs of existing materials like styrofoam. EXA-AIR offers cost-effective and environmentally friendly products by using recycled materials. Many e-commerce, retail, and supply chain companies have been using our products, and our business has been growing.
EXA-AIR’s factory is located in Montataire, 30 miles north of Paris, France. Through designing, manufacturing, and distributing our products, EXA-AIR meets our clients’ customized needs in agile and flexible manners. As a part of THE MENLO GROUP, EXA-AIR will continue to expand our business.
EIS monitors innovations in real-time in the global market. We forecast where the market is going and find the seeds of future market spaces. We will continue to launch more startups of our own.