Context

Abénex has acquired a majority stake in Origin Group, taking over from previous financial partners Initiative & Finance and Elige Capital, who had held the company since 2016. The transaction also facilitates the full exit of one of the founding families while allowing the management team, led by President Bertrand Sée, to increase their equity stake. The strategic rationale for the deal is to accelerate the consolidation of a highly fragmented European market. Between 2016 and 2022, Origin successfully doubled its turnover from €16 million to €30 million, supported by three "bolt-on" acquisitions. Abénex intends to leverage its mid-cap resources to pursue an even more aggressive external growth strategy, aiming to establish Origin as a definitive market leader in industrial sealing solutions.

Target

Founded in 1992, Origin Group is a specialized designer, manufacturer, and distributor of industrial sealing solutions. The company’s business model operates as a "one-stop-shop," controlling the entire value chain from technical design to high-availability distribution. Its value proposition is centered on a massive product range and technical expertise, serving a highly diverse and recurring industrial client base across sectors such as food processing, energy, and chemicals. Strategically, the group has transitioned from a family-run SME into an international platform, with 60% of its revenue generated from exports. By combining in-house manufacturing with a robust logistics engine, Origin ensures supply chain resilience for critical industrial maintenance and OEM (Original Equipment Manufacturer) applications.