EA Pharma strengthens its international presence with the acquisition of the Spanish Group DRASANVI, its fourth build-up with Motion

31 August 2021

The French laboratory Equilibre Attitude, a reference player in Oligotherapy, food supplements and sports nutrition, today announces that it has entered into exclusive negotiations with the Spanish Group Drasanvi, to realise its first international acquisition.

Renowned for its expertise in Oligotherapy, Equilibre Attitude is a French pharmaceutical Group offering a large range of drugs and food supplements:

  • Oligotherapy: drugs and food supplements formulated with oligo-elements under the brands Oligosol, Laboratoire des Granions and Oligostim;
  • Well-being and health: a complete range of food supplements, with flagship products such as Duab (urinary comfort), Chondrostéo (joint care), Conceptio (fertility and pregnancy) or Veinomix (venous comfort);
  • Sports nutrition: food supplements, nutritive products and athletic health care with the brands EAFit, Punch Power and Foucaud.

The Group’s products are distributed in pharmacies and parapharmacies, as well as in specialized stores and online.

EA Pharma has also recently signed a commercial partnership with Poupina brand, a long-standing range of Baby care products, ensuring the Group’s rapid penetration into this new line of products and strengthening its presence in pharmacies.

Drasanvi is a leading Spanish company in the food supplements, natural cosmetics and health nutrition sector. With more than 25 years of experience, the Group is a reference player in the field of health, beauty and wellbeing thanks to its high-quality products of natural origin. Drasanvi enjoys a unique position with a wide range of products. The company markets brands such as Super Alimentos, Collmar, Botanical bio, Vital pur, Immunol and Oseogen.

Drasanvi’s product range is based on 3 pillars: a differentiating quality, a rigorous selection of raw materials and a controlled internal production process through its industrial tool located in Leon.

“We are convinced that the combination of EA Pharma and Drasanvi will allow both companies to accelerate their development. Both groups share a common culture of developing high quality and differentiated products,” said Thierry Verne, CEO of EA Pharma.

“For Drasanvi, this combination is a big step forward in its international expansion, we will strengthen both companies, innovation and commitment to quality will continue to be our hallmarks. The entire Drasanvi family is very pleased with this new success,” declared Oscar Lopez, CEO & Founder of Drasanvi.

This first international acquisition follows the successive takeovers of Nutrivercell (2017), PunchPower (2018) and Labcatal (2020).

“We are very proud of this new step in the EA Pharma project. With the acquisition of Drasanvi, EA Pharma becomes a true European consolidation platform ideally positioned to pursue its development,” said Patrick Eisenchteter, Managing Partner at Motion Equity Partners.

Motion Equity Partners enters into exclusive negotiations for the acquisition of Résilians

16 June 2021

Motion Equity Partners, a long-standing European mid-market private equity firm, announces today that it has entered into exclusive negotiations with Weinberg Capital Partners for the acquisition of Résilians Group, a leading player in post-disaster intervention in France.

Founded in 1995 by Alain Tanguy, Résilians is a French leader of emergency interventions following home accidents. Résilians intervenes on behalf of insurance companies, experts and property managers, for individuals and professionals. The Group positions itself as a national leader in emergency assistance and house renovation after frequent claims (fire, water damage, etc.) or in the context of large-scale interventions (major disaster, weather events, etc.). Résilians’ differentiation lies in its comprehensive and reactive turnkey solutions.

The Group carries out more than 50,000 interventions per year through its 42 agencies.

Thanks to its digitalized and integrated model and an agile organization, Résilians benefits from a strong reputation and long-standing client relationships, being strategically positioned as a single-entry point. The Group is recognized by its customers for its service quality, reactivity and proximity guaranteed by its dense network of agencies and national coverage.

The company is managed by its founder Alain Tanguy and counts more than 1,200 workers on the field.

Alongside Weinberg Capital Partners and Vespa Capital, Résilians has recorded a strong development over the last years, notably thanks to the implementation of an external growth strategy and numerous organic growth initiatives (reinforcement of the network footprint, acceleration of the digitalization, ambitious ESG approach, etc.). With an annual organic growth above 10% and recent external growth operations, Résilians has reached €100m of Sales.

“Over the years, Résilians has been able to create a successful and profitable business model. Over the last few years, we have accelerated our development through an ambitious external growth strategy as well as through the digitalization of our offer and processes. The Group is now well positioned to absorb more volumes from its customers. “Alain Tanguy, Chairman of Résilians, added.

Motion Equity Partners announces the signing of an exclusivity agreement with Latour Capital for the disposal of its shareholding in Omni-Pac Group

26 February 2021

Funds advised by Motion Equity Partners and Arkéa Capital announces the signing of an exclusivity agreement with Latour Capital for the disposal of their shareholding in Omni-Pac Group. Under the impulsion of Motion Equity Partners, Omni-Pac Group has become a leading European player in the sustainable moulded fiber packaging industry, born from the reunion of 3 pioneer players (CDL, Omni-Pac et MFP). After consultation with employee representative bodies, the transaction would be subject to antitrust authorizations. Its closing is expected at the end of the first half of 2021.

Omni-Pac Group is at the forefront of the fast-growing sustainable packaging market, offering innovative and eco-friendly solutions in moulded fiber (a natural, recyclable and biodegradable material) for various markets such as:

  • The food sector (eggs, fruit & vegetables, fish, meat, dairy products, etc.): in these segments, moulded fibre offers ideal features for the conditioning and preservation and the replacement of plastic materials;
  • The medical sector, with innovative single-use solutions limiting the excessive use of detergents and the proliferation of nosocomial disease;
  • The tailor-made segment, broad range of applications for diversified end-markets including industrial, e-commerce and horticulture packaging solutions.

Omni-Pac Group benefits from a state-of-the-art industrial organization ensuring a unique competitive advantage with three highly automated and complementary sites: Allaire in Brittany (France), Elsfleth in Germany and Scunthorpe in the United-Kingdom. Every year, over 100,000 tons of recycled paper and cardboard are recycled on these sites, thus contributing to give a second life to our paper waste. Historically positioned as a leader in the French, German and UK markets, the Group is also a key player in Benelux, the Nordic Countries and in Southern Europe. It has recently initiated very promising developments in Export markets especially in the Middle East, Africa and in North and South America.
With its 600 employees led by Renaud Malarre (CEO since 2013), the Group generates over €110m in Sales.

Funds advised by Motion Equity Partners and Arkéa Capital realised the acquisition of CDL in 2014 (initial platform, generating about €30m in Sales at entry) alongside its Management team, with the ambition to back an international development project. The Motion team has therefore supported CDL in the implementation of a solid growth plan, via both organic and external growth. The Group realized the acquisition of Omni-Pac in Germany in 2016, followed by MFP in the UK in 2020, allowing to diversify the offer, reinforce the distribution and the industrial footprint across Europe. From these 3 busineess was created “Omni-Pac Group”, a pan-European player in the moulded fiber packaging. Motion Equity Partners also backed the Group in its many innovation initiatives and the deployment of an ambitious ESG roadmap, in order to develop tomorrow’s packaging and actively promotes circular economy as well as environmental protection.

Renaud Malarre, CEO of the Group stated: « Motion Equity Partners understood the keys to CDL’s development from day one and established an honest and trustworthy relationship with our teams. With the acquisitions of Omni-Pac in Germany and MFP in the UK, two build-ups completed with their full support, we have transformed a French SME into a European leader We are very grateful to the Motion team for its decisive contribution to the Group’s development over the recent years. ».

Cédric Rays, Partner at Motion Equity Partners, added « Since our investment, the Group has grown from a French SME in a niche market into a burgeoning pan-European packaging Group. The Group is today a driving force of the fast-changing packaging market. We are very proud to have supported this transformation under the impulsion of Renaud Malarre. Organic development is at the forefront of the Group plans as well as developing many huge opportunities for growth in Export markets in the Middle East, also North and South America. We are convinced that Latour Capital would be an ideal partner to support Omni-Pac in its next development phase. ».
.

Motion Equity Partners continues its development and promotes a new Partner

16 December 2020

Motion Equity Partners is pleased to announce the promotion of Anthony Baudoin as Partner.

Anthony started his career within Motion Equity Partners’ team, which he joined 11 years ago. He is today in charge of backing Omni-Pac Group, EA Pharma, Holweg Weber and Olmix.

In 2020, Anthony was notably involved in investing in Olmix (a primary deal on a global supplier of natural solutions, offering sustainable alternatives to chemical and pharmaceutical inputs used for farming). In addition, he played a key role within the development of portfolio companies with the build-up of MFP in the UK and of Labcatal in France, respectively acquired by Omni-Pac Group (leading European player in sustainable packaging) and EA Pharma (leading French laboratory specialized in oligotherapy and food supplements).

He is a graduate of the Paris Dauphine University where he obtained a master degree in Corporate Finance and Financial Engineering.

“We are delighted to announce this promotion which achieves years of strong dedication from Anthony within our team. This is a new natural step for Motion’s development, which is part of the dynamic we have been recording over the past few years”, stated Patrick Eisenchteter and Cedric Rays, Founders of Motion Equity Partners.

Motion Equity Partners has acquired a stake in Educastream alongside its Managament team to accelerate growth

10 December 2020

Motion Equity Partners, a long-standing European mid-market private equity firm, announces today the acquisition of a stake in Educastream Group, a French leading player in online training and tutoring.

Educastream has a unique blended-learning language training offer (in English and “Français Langue Etrangère”), featuring native teachers (from the United Kingdom or the United States for English training) and proprietary dynamic contents (teaching materials, e-learning platform), to create a tailor-made and exclusive pedagogical journey according to each student specific needs.

Under the leadership of the current Management Team led by Pierre-François Petrignani and Alexandre Patrascu, the Group has experienced a strong growth over the past years and has become a leading player in the digital learning vocational training market.

The current transaction is a key milestone in Educastream’s history, bringing an active investor as a new reference shareholder, who will offer additional financial and human resources to accelerate growth. Pierre-François Petrignani and his team will be able to rely on Motion Equity Partners’ strong expertise in supporting ambitious growth projects, particularly in terms of structuring and external growth in France or abroad.

“I am very pleased to have been able to offer my historical shareholders the opportunity to realise all or part of their investment and I am grateful for their support over the past years. Today marks a new era for Educastream, we are enthusiastic and looking forward to working alongside Motion Equity Partners and achieve our ambition to become an undisputed leader in digital learning.”, states Pierre-François Petrignani, President and Founder of Educastream.

Cédric Rays, Partner at Motion Equity Partners, adds: “We are glad to support Pierre-François Petrignani and his team in this project. The digital training market is booming and particularly fragmented, with only few structured players such as Educastream able to address efficiently both B2B2C and B2C customers. Educastream benefits from an excellent know-how regarding pedagogical contents development combined with an outstanding expertise in commercial and marketing execution. We are convinced that Educastream has the potential to become one of the leading players in digital training.”

Motion Equity Partners announces the signing of an exclusivity agreement with Eurazeo PME for the disposal of its shareholding in Altaïr Group.

19 November 2020

Founded in 1946 by the Brunel brothers and located in Wasquehal near Lille, Altaïr is a leading European manufacturer and marketer of specialty home care and cleaning products with revenues of €105m (2019) and 400 employees. The Group owns a portfolio of 5 iconic brands, leader on their respective segments, benefiting from a high degree of customer awareness and loyalty:

  • Starwax: specialty cleaning and home care products
  • Oro: laundry care, insecticides and home cleaning
  • Kapo: home insecticides
  • Sinto: restorative DIY products
  • Mistol: hand dish washing products

In France and in Spain, the Group’s two main geographies, these brands are distributed in DIY stores, hyper and supermarkets and in traditional/independent stores, as well as through different online channels (e-commerce platforms and the Group’s website Mamawax.fr). Altaïr also distributes its products in more than 50 countries (mostly North Africa and Eastern Europe), total Exports representing more than 25% of the Group’s revenue. The Group relies on 400 employees and 3 production sites based in Noyelles-lès-Seclin near Lille, in Aubagne and in Valencia (Spain).
Funds advised by Motion Equity Partners acquired Altaïr in 2016 alongside its Management team, with the project to accelerate its international expansion (by then, sales outside of France represented only 10% of the Group’s activity). Since then, Motion Equity Partners’ team has actively supported the Group in the implementation of an ambitious growth project, through both organic and external growth.

Under Motion Equity Partners’ ownership, Altaïr completed three cross-border acquisitions: Enteco (2016) in Belgium, Oro (2017) and Mistol (2020) in Spain. Oro’s transforming acquisition in Spain allowed Altaïr to make a major step-up, becoming a true European leader in household care products while benefitting from significative commercial and industrial synergies. This acquisition was an opportunity to strengthen the Group’s governance, with the recruitment of Etienne Sacilotto as Group General Manager. The acquisition of Mistol in 2020 allowed Altaïr to reinforce its presence in Spain and strengthened its M&A track-record. Since 2016, Altaïr has proven to be a unique consolidation platform on a still highly fragmented European market.
Motion Equity Partners has also supported Altaïr in its organic growth initiatives, with the penetration of the French retailer Monoprix, the development of e-commerce (including its owned website Mamawax.fr) as well as the launch of ecological product ranges such as Starwax Respect or more recently the deployment of a Bulk offer. The Group is now a diversified player, generating almost 50% of its revenue outside of France and is ideally positioned to keep growing on its markets.

Finally, Motion Equity Partners is proud of having contributed to the deployment of an ambitious CSR strategy, aiming at reducing the Group’s environmental footprint, promoting more eco-friendly products as well as promoting workplace well-being. For instance, the Group completed its first Carbon Footprint Assessment in 2018 (scope 1, 2 and 3), and, more recently, endorsed a major project, The SeaCleaners, to contribute to the fight against plastic pollution in oceans. Altaïr also joined the Fret 21 initiative which aims at better factoring transport-related impact in sustainable development strategy.

Patrick Eisenchteter, Managing Partner at Motion Equity Partners, stated: “Since our initial investment in 2016, Altaïr has made a great step-up to become a true European leader in branded household care products. We are proud to have contributed to this success at the instigation of Jean-Pierre Dano, notably through Altaïr’s first cross-border acquisition (Oro, Spain) which has significantly strengthened the Group and laid the ground for the current growth project carried-out by Etienne Sacilotto and his team. We are delighted to hand-over to Eurazeo PME, which we believe is the right partner to the Group and its Management team in order to pursue its growth story, both organically and through buy & build.”

Etienne Sacilotto, Altaïr’s General Manager, declared: “We would like to thank the Motion team for their decisive contribution to the Group’s development. Notably on the M&A front, but also for the quality of our day-to-day exchanges on more operational issues, as well as for their strong support and awareness regarding both digital and CSR issues. The entire Altaïr team is delighted to engage in a new chapter with a sponsor such as Eurazeo PME, which shares the same values and which will bring its financial means and expertise support and accelerate Altaïr’s growth.”

Jean-Pierre Dano, Altaïr’s President added: “In 2016, Altaïr’s Management team chose Motion Equity Partners for its strong expertise in international ‘Buy & build’. Together, we have succeeded in transforming Altaïr into a true sizeable European leader. Motion’s team also played a major role in the acquisition of Oro, in both sourcing and execution phases. Motion Equity Partners’ experience has also been instrumental to structure a consistent post-merger integration approach and to implement the necessary evolution of the governance of the Group which has almost doubled its size. I have also prepared my departure from Altaïr, with the set-up of a seasoned Management team. I will be delighted and reassured to see Etienne Sacilotto become Group President and CEO, and I believe Eurazeo PME is the right partner to support him and Altaïr in the next development phase “.

Motion Equity Partners invests in Olmix Group alongside its Founder

28 October 2020

Motion Equity Partners and Amadéite SAS (holding of Hervé Balusson, Olmix’s Founder) have acquired a majority stake in Olmix, a global specialist of natural solutions for sustainable agriculture.

Olmix is an international company specialized in natural solutions for farming, offering sustainable alternatives to chemical and pharmaceutical inputs. Founded in 1995 in Brittany, the Group has turned into one of the world specialists of marine biotechnologies and green chemistry, thanks to its unique expertise in valuing and transforming algae resulting from multiple R&D investments.

Through the development of innovative and recognized natural solutions (based on algae, trace elements, clays and organic matters), the Group supports farmers, breeders and agricultural distribution chains in adapting production models. It addresses two main markets

  • “Animal Care”: solutions to improve animal welfare, nutrition & health, and thus reduce the use of antibiotics and chemical additives;
  • “Plant Care”: solutions to improve soil structure and plant nutrition & health, and thus reduce the use of chemicals.

Olmix’s products are sold in more than 100 countries worldwide through distributors and cooperatives. The Group benefits from a network of 28 implantations and employs 650 people.

« A new era for agriculture has arrived: this new cycle will require more technicity, more naturality and less phytosanitary products, antibiotics or chemical additives. The objective is to produce better with less. For 20 years, Olmix has offered natural, environment- and animal-friendly solutions, allowing farmers and breeders to produce differently, thus responding to these new challenges », stated Hervé Balusson, Olmix’s Founder.

« We are very proud to support this new development stage of Olmix Group, which has dedicated itself to the emergence of a sustainable agriculture. Thanks to our experience with Diana Ingrédients, we will implement a structured roadmap with Hervé Balusson and Olmix’s team » stated Patrick Eisenchteter, Managing Partner at Motion Equity Partners.

CDL Omni-Pac becomes Omni-Pac Group to reflect its significantly strengthened pan-European presence following the acquisition of MFP in the United-Kingdom early 2020

23 September 2020

Under Motion Equity Partners’ ownership, Omni-Pac Group becomes a leading European player in the sustainable moulded fiber packaging industry.

This change of identity acknowledges the profound transformation of the Group, which is now at the forefront of the fast-growing sustainable packaging market, offering innovative and eco-friendly solutions in moulded fiber (a natural, recyclable and biodegradable material) for various markets such as:

  • The food sector (eggs, fruit & vegetables, fish, meat, dairy products, etc.): in these segments, moulded fiber offers ideal features for the conditioning and preservation and the replacement of plastic materials;
  • The medical sector, with innovative single-use solutions limiting the excessive use of detergents and the proliferation of nosocomial disease;
  • The industrial market, with shipping packaging solutions allowing to conciliate technical performance (optimized protection and logistic) and further recycling.

Omni-Pac Group operates three highly automated and complementary state-of-the-art production facilities: Allaire in Brittany (France), Elsfleth in Germany and Scunthorpe in the United-Kingdom. Every year, over 100,000 tons of recycled paper and cardboard are recycled on these sites, thus contributing to give a second life to our paper waste.

Historically positioned as a leader in the French, German and UK markets, the Group is also a key player in Benelux, the Nordic Countries and in Southern Europe. It has recently initiated very promising developments in Export markets especially in the Middle East, Africa and in North and South America.

With its 600 employees led by Renaud Malarre (CEO since 2013), the Group has significantly invested in R&D in order to develop tomorrow’s packaging and actively promotes circular economy as well as environmental protection.

The Group’s development strategy is fully aligned with the tremendous changes of consumers’ habits definitively shifting away from plastic packaging towards eco-friendly solutions, in accordance with the UN 2030 Sustainable Development Goals roadmap. The Group also remains attentive to new strategic partnerships in order to expand its industrial footprint.

Equilibre Attitude (EA Pharma) strengthens its expertise in Oligotherapy with the acquisition of Labcatal, its third build-up under Motion ownership

14 February 2020

The French laboratory Equilibre Attitude, a reference player on Oligotherapy, food supplements and sports nutrition, realises its third acquisition in two years with the take-over of Labcatal from its founders.

Renowned for its expertise in Oligotherapy through ‘Le Laboratoire des Granions’, Equilibre Attitude is a French pharmaceutical Group offering a large range of drugs and food supplements:

  • Oligotherapy : drugs and food supplements formulated with oligo-elements under the brands Granions and Oligostim ;
  • Well-being and health : a complete range of food supplements, with flagship products such as Duab (urinary comfort), Chondrostéo (joint care), Conceptio (fertility and pregnancy) or Veinomix (venous comfort) ;
  • Sports nutrition: food supplements, nutritive products and athletic health care with the brands EAFit, Punch Power and Foucaud.

The Group’s products are distributed in pharmacies and parapharmacies, as well as in specialized stores and online.

Founded in 1954, Labcatal is a French laboratory specialized in Oligotherapy. It develops, manufactures and distributes through pharmacies two main product ranges:

  • Oligo-elements-based drugs and foods supplements under its flagship brand Oligosol;
  • Dermatological drugs (Rubozinc and LithioDerm).

Labcatal operates a production site located in Annemasse near Geneva. The laboratory also expanded abroad, notably on the Spanish and Canadian markets.

Oligotherapy is a medical practice consisting in the use of oligo-elements to address deficiencies or to treat a functional pathology, prevent its development or avoid a relapse. Oligo-elements have a major role in the human metabolism, with a thoroughly proven efficiency. The time has come for Labcatal and Laboratoire des Granions, the two pioneers of this branch of medicine, to merge their expertise and complementary offers.

“We are working towards the improvement of the quality of life through innovative, natural and efficient solutions backed by medical evidence, for a healthy body at all stages of life. Our three acquisitions clearly fit with this goal. The acquisition of Labcatal in particular is an additional step in our project to democratize a modern Oligotherapy bearing strong values: efficiency, naturalness and safety.“ stated Thierry Verne, Equilibre Attitude’s President.

This transforming deal is the third acquisition in less than two years for the Group, and follows the takeover of Nutrivercell and PunchPower:

  • Nutrivercell is a specialized laboratory that has developed an innovative and patented product (Duab) for urinary comfort. It was acquired end of 2017 ;
  • PunchPower is the French pioneer brand in natural and organic sports nutrition, with an established reputation on the endurance segment (bars, gels and energy drinks). This acquisition was realized in 2018 and allowed Equilibre Attitude to penetrate a high growing segment with a range complementary to its EAFit brand.

“Equilibre Attitude is a Group that is building its development on strong and flagship brands, partnerships and targeted acquisitions. Through the acquisitions of Nutrivercell, PunchPower and today Labcatal, Equilibre Attitude strengthens its expertise with solutions that are renowned for their efficiency, their scientific basics, and their capacity to convince prescribers, clients and consumers.“ stated Patrick Eisenchteter, Managing Partner at Motion Equity Partners.