Omnes Capital has acquired a minority stake in the ANI group through a EUR11.7 million investment from its Omnes Croissance 4 mid cap fund.
The transaction enables the transmission of ANI from its founder, Claude Patin, to his step-daughter Nathalie Bianchini and her husband, Patrick Bianchini, ANI’s current chief executive.
Based in Béziers (Occitanie region in France) and created in 1993, the ANI group is a fasteners distributor dedicated to the aerospace industry. Its main customers are aircraft manufacturers (eg Airbus, Dassault) and their main suppliers (eg Zodiac, Safran). The group, which employs 25 staff, generated annual revenue of EUR16 million as of 30 June 2017, up 17 per cent compared with the previous financial year.
The aerospace fasteners market is very large, with more than 500,000 different references worldwide, of which approximately 45,000 are available through ANI’s catalogue (fasteners, bearings, hinges, connectors, lights, etc.).
ANI offers bespoke value-added services to its customers, and benefits from its over 20 years’ experience in the industry, its efficient sourcing capacities, especially for small quantities, as well as its reliability in outsourced inventory management.
Patrick Bianchini and Nathalie Bianchini, ANI’s executives, say: “Our group is experiencing very rapid growth, particularly through the signing of new long term supply agreements. The quality of our products and services combined with the flexibility of our structure, makes us very competitive and encourages industrial companies to award us an increasing number of contracts. We were looking for a motivated partner, capable of supporting us in our development, in particular internationally. It was for these reasons that we decided to work with Omnes Capital.”
Eric Rey, Managing Partner, Omnes Capital, adds: “The group provides bespoke services to the aerospace industry which is growing strongly; its business model perfectly meets its customers’ requirements in terms of high-quality sourcing and reliable deliveries. The company, now managed by Patrick Bianchini, has promising growth potential, underpinned by European excellence in aerospace. ANI is looking to strengthen the company’s international operations. “