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One Equity Partners Agrees to Acquire French Contract Manufacturer Clayens Group.

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MANews-(C)2009-2022

US-based middle market private equity firm One Equity Partners has entered into an agreement to acquire French outsourced contract manufacturer of polymers, composites and precision metals Clayens NP from a group of investors led by French private equity firm Siparex, which sells its majority stake, the firm said.

As part of the transaction Siparex, its co-investors, as well as management team will reinvest in the business alongside OEP to continue supporting the company as minority partners. Financial terms of the private transaction are not being disclosed.

Based in Genas, France, Clayens provides processing services for polymers, composites and precision metal parts.

The company's capabilities include thermoplastics, thermoset injection, metalloplastics and precision metal machining and engineering.

Clayens currently employs more than 3,000 full-time employees and operates 25 manufacturing sites across Europe, North Africa and North America, selling to blue-chip global customers present in these regions.

Led by its CEO Eric Pisani and with the active backing of Siparex since 2019 Clayens has implemented a sustained growth strategy, including four significant acquisitions, which helped Clayens record strong growth in turnover from EUR 273m in 2019 to over EUR 350m in the last twelve months.

In addition to its inherent strengths, Clayens benefits from current market trends including re-shoring...

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