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ADVISO PARTNERS advises OLYMP'ETIQ's shareholder managers on the sale of 100% of the shares to LABELYS GROUP
03/2022

Founded in 1997 in Cardonville by Pascal BOUREL and Stéphane MAINNEMARE, OLYMP’ETIQ specialises in the manufacture of technical adhesive labels, mainly for the agri-food market, as well as the hygiene, manufacturing and chemicals industries.

With its premium service quality and highly competitive production times, the company has built up a concentrated portfolio of loyal customers, enabling it to become a genuine partner for the long term. Based in Saint-Jean-du-Cardonnay in Normandy on a 3,500 m2 site built in 2019 with facilities meeting the highest standards in the market, the company generates more than €10 million in revenue. OLYMP’ETIQ has adopted an environmentally-friendly approach, achieving certifications that exceed market expectations: FSC and IMPRIM’VERT.

Under the guidance of ADVISO PARTNERS, OLYMP’ETIQ’s shareholder managers have sold 100% of the company’s capital to LABELYS GROUP, supported by BPIFRANCE and EMZ. This acquisition is part of a European external growth strategy implemented by the Group in recent years (acquisition of French companies NACARA and COMBIER-KOENIG, two sites in Switzerland and Spanish company SATERGRAF). The transaction will also enable the buyer to strengthen its positioning in the agri-food segment, create a reference site in the north-western region of France, where the Group did not previously operate, and obtain access to high-quality industrial facilities and much sought-after, high-performance expertise.

Pascal BOUREL and Stéphane MAINNEMARE: “OLYMP’ETIQ has always been committed to providing first-rate customer service. In a rapidly changing market, we felt compelled to join forces with a group to sustain this key principle going forward. The LABELYS GROUP's plans for OLYMP’ETIQ are perfectly in line with our vision, as regards our customers and also our employees. Beyond the highly strategic aspect, our choice also stemmed from a meeting of the minds with Grégoire, who shares our values and ambitions. We are pleased to join LABELYS GROUP and look forward to OLYMP’ETIQ's future development with confidence.”

Grégoire DESMETTRE: “OLYMP’ETIQ is the meeting place between a vital market - the fresh produce market - and an exceptional organisation to meet its needs. Pascal and Stéphane have created a unique company in the label industry in many ways. I am delighted that they have chosen LABELYS GROUP! “

Guillaume CAPELLE: “We are very pleased to have supported these managers with exceptional track records. The process implemented with industrial players attracted strong interest from French and international companies. LABELYS GROUP demonstrated the relevance of its strategic project, enabling OLYMP’ETIQ to maintain its business model while taking advantage of group synergies. In addition, the deal allows the younger generation, i.e. Julie BOUREL, to take over the General Management of OLYMP’ETIQ.”