THE TEAM
Philippe TOURRETTE, chairman of the board and CEO
Philippe is a self made man who earned significant experience in a variety of fields: general management,
marketing, finance, mergers and acquisitions, stock market, quality insurance systems, sales activity.
In 1990, at the age of 29, he founded a company called IOLTECH. This company was involved in surgical
ophthalmology and conquered a significant international market share in less than 15 years thanks to the
quality of its R&D, its teams its services and its commercial pro activity.
In 1998 IOLTECH launched a successful IPO and was subsequently listed on the Paris stock market. The
funds raised on the stock market enabled a further acceleration of the R&D and external acquisition
processes. As a result, the sales were multiplied six fold. In 2004, the staff reached the 350 employees mark
working for several subsidiaries across Europe, USA and Indian Ocean. Sales grew up to €60 million.
Philippe then decided to sell IOLTECH to one of the leading group of medical system and devices in
ophthalmology, CARL ZEISS MEDITEC, for €110 millions. This sale had several goals:
• insuring the ongoing success of the company, with a strong presence in La Rochelle
• creating a more diverse and comprehensive range of products for the clients
• give the opportunity to all existing IOLTECH shareholders to make a gain.
Following the acquisition, Philippe remained a significant shareholder of IOLTECH / CARL ZEISS MEDITEC
and played a key role in the successful integration.
Willing to share his expertise and his energy with other entrepreneurs, he created TOURRETTE
INVESTISSEMENTS with a share capital of €19 million.