15/June/2017

IMAP France (Societex Corporate Finance) advises the disposal of the Ocedis Group to its manager and the PEGs Capital Transmission, A Plus Finance and Somudimec

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​Largest shareholder for 8 years of the Ocedis pool water treatment Group alongside JFC Industrie, the Orium investment fund sells its shares. The current manager Claude Hardy becomes the main shareholder, alongside Capital Transmission and two co-investors, A Plus Finance and Somudimec.

Created in 2003 by Claude Hardy, the Ocedis Group has established itself in fifteen years as a major French player for the treatment of swimming pool water and swimming pool equipment.

With a team of 60 employees and a turnover of more than €25m, Ocedis operates in France, Europe and Africa. The Group's strengths lie in its technical and commercial expertise, its high-quality products, its differentiating value proposition (personalized labeling of treatment products, laboratory analysis ...) and constant innovation (Aquatoons prefabricated playgrounds ...).

The investment funds Orium and JFC Industrie entered the capital of Ocedis in 2008. Together they contributed to the Group's external growth strategy and international expansion by opening two subsidiaries in Morocco and Senegal, as well as modernizing its production system with the introduction of a CAPM. Guy Van der Mensbrugghe, President of Orium, is delighted to have been able to support the Group in these key stages and to realize today this transmission, combining sustainability and a new phase of development.

The acquisition of a minority stake by Capital Transmission (investment company of Banque Cantonale de Genève), alongside A Plus Finance and Somudimec, pleases Claude Hardy: "This is a new stage for the Group Ocedis and the alliance of its management with new investment funds provides a solid basis for the future development of the Group, both in France and in export markets, particularly in fast-growing African markets. "

Frédéric TIXIER, Investment Director, said that Ocedis fits perfectly into the investment strategy of Capital Transmission, with a strong positioning and a recognized know-how. The management team, organized around Claude Hardy, is of high quality, which is one of the key investment criteria.

Societex​ CF initiated the contacts and advised the sellers in the negotiations with the new shareholders.