One Equity Partners to acquire Clayens Group

Siparex, a French private equity firm, is selling its majority stake.

  • Clayens provides processing services for polymers, composites and precision metal parts
  • Under Siparex’s ownership Clayens has completed four acquisitions
  • Clayens operates 25 manufacturing sites across Europe, North Africa and North America

One Equity Partners announced on Tuesday that it has entered into an agreement to acquire Clayens NP from a group of investors led by Siparex, which sells its majority stake. Siparex, its co-investors and the management team will reinvest in Clayens as minority partners. The transaction’s financial terms were not disclosed.

Headquartered 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.

Since Lyon-based private equity firm Siparex bought Clayens in 2019, the firm has completed four acquisitions and grown its turnover from €273 million to over €350 million.

“Clayens’ specialised expertise in producing highly engineered products that meet the most rigorous specifications is highly valued by multinationals operating in various end markets,” said Konstantin Ryzhkov, managing director, One Equity Partners. “This capability has produced a loyal customer base that gives the company a significant advantage in a competitive market.”

“We are eager to embark in this ambitious partnership with One Equity Partners, and we welcome them as a new majority shareholder committed to accelerating our growth,” said Eric Pisani, Clayens CEO. “OEP distinguished itself through the firm’s partnership approach and its expertise in identifying and executing global transformational combinations. With OEP’s resources and expertise we expect Clayens to develop into an even more valuable partner to its customers, with greater global footprint and capabilities.”