Press releases


20/10/2023
Trianon CF organized the sale of ONIS to the management team alongside AXIO Capital

Founded in 1979, ONIS is specialized in the design, assembly and sale of tailor-made quick piping solutions intended to isolate and secure production lines on critical industrial sites, particularly in petrochemicals, transport and storage of gas, chemistry, industrial gases, defense, agrochemicals, steel industry, etc. Building on its historical know-how and an installed base of 12,000 equipment worldwide, ONIS is a technological leader in its niche market with solid credentials in projects linked to the energy transition (reduction of fugitive emissions, hydrogen, carbon capture).

With a highly international-oriented activity (+60% in exports), ONIS, whose head office is located in Lambesc (Bouches-du-Rhône), has the particularity of having a real international footprint with 2 subsidiaries in the USA and China, as well as 4 regional offices in Germany, Abu Dhabi, Vietnam and Brazil. ONIS is targeting revenue of €8 million in 2023.

 

The shareholders mandated Trianon CF to conduct the search for counterparties in France and abroad, as well as for management buyout solutions. The shareholders finally chose the offer from the Private Equity fund AXIO Capital, which partnered with the management team of ONIS, led by Etienne de Bettignies, to take over the company. 

 

The intervention of Trianon CF focused on drafting the information memorandum, identifying, connecting and conducting discussions with potential buyers and investors, negotiating the interests of the sellers, managing the dataroom and Q&A sessions, as well as coordinating all the parties involved in the transaction.

 

“Trianon demonstrated professionalism and involvement during key stages of the ONIS sale: information memorandum, business plan, identification of French and international potential buyers, process management, negotiation assistance, management of the data room. His team also demonstrated its ability to translate the issues and needs of each party and to establish a close relationship during the discussion phases, which required listening and teaching”. Serge BONNEFOI