Founded in 1979, the Onis group started its activity with a simple concept, namely mechanize blinding operations. In industrial cycles that use fluids and gases, blinding consist in blocking the downstream flow of the fluid or gas on a production line. This operation is needed in order to carry out maintenance on the lines and/or clean them.
Onis has developed a rapid blinding (aka isolation) system for absolute separation between the upstream and downstream sections of industrial piping, preventing residual leakage from valves. Onis’s value proposition is based on 3 benefits offered by its products: safety, environment, and profitability.
Over 60% of Onis’s turnover is generated by exports.
Context of the deal
Convinced by a good managerial context and by ONIS’s position as leader on its niche market, Axio Capital has structured an MBO on the group, alongside the new chairman Etienne de Bettignies and a team of 6 managers.
The aim of this deal is to continue the group’s international development strategy and capitalize on forthcoming market developments in a context of energy transition and changes in industrial processes.
Key figures
37
countries covered
12.000
blinds installed worldwide
7
sites abroad
70 %
of turnover from exports
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