Edify is a holding company that emerged from the industrial history of the Damartex and Somfy groups.
Our mission is to promote the ambition and viability of the companies we invest in.
- We are professionals who admire and understand entrepreneurial stories.
- We have ambitions for our companies. What drives us is extending their horizons and helping them expand their long-term potential.
- We know how to take risks in helping them achieve their ambitions.
- We stand alongside ambitious and proactive business leaders, in going further, together.
Edify emerged from a long entrepreneurial and family tradition – that of the Despature family.
For more than 150 years, the family have created, innovated, developed and built up great companies that over time have become leaders in their respective sectors.
As a logical extension of these successes, Somfy Participations was established in 2008 to assist, support and stimulate the ambitions of mid-sized companies in their expansion plans.
In 2014, it became a stand-alone entity called Edify.
Edify remains under the majority control of the Despature family.
« A stable shareholder base allows us to apply our long-term vision to the transformation and expansion of our companies. »
Paul Georges Despature
Damart established, with Thermolactyl® undergarments
Damart acquires Somfy
Demerger and listing of Somfy on the Paris Stock Exchange
Somfy Participations established
Somfy Participations becomes Edify, listed on the Euro MTF market of the Luxembourg Stock Exchange
Delisting of Edify shares from the Luxembourg Stock Exchange