Origin Seal, a leading provider of sealing solutions, announces the acquisition of Atlantic Joint from Thierry Buissonneaud and Antoine Lefebvre, who have managed the company for over 15 years.
Founded in 1993, Atlantic Joint specialises in the custom cutting of joints, profiles, sleeves and specific bands for a wide range of markets. The company has also developed a joint trading activity, further strengthening its market-leading position in the sector. Atlantic Joint generates over €3 million in sales.
Headquartered in Nantes, Atlantic Joint has a significant footprint in the Western part of France (“Grand Ouest”), enabling Origin to expand its activities in this strategic area. Thierry Buissonneaud and Antoine Lefebvre will ensure an operational transition to facilitate the successful integration of Atlantic Joint within the Origin Seal group.
This acquisition represents the second acquisition for Origin since Abenex became a shareholder of the company in September 2022. Atlantic Joint’s acquisition reinforces Origin Seal’s position in the national industrial seals’ market enhancing its offering with additional expertise in custom cutting. As part of this strategic expansion, the newly formed entity is forecasting sales of nearly €45 million for the current year.
Gilles Nauche, CEO of Origin Seal, comments, “We are delighted to welcome Atlantic Joint to the Origin Seal group. This acquisition reinforces our market position and enable us to provide our customers with an even more comprehensive range of products. This new partnership facilitates further growth and development opportunities, particularly in the Grand Ouest region.”
Edouard Jeandey, Director within the Abenex Mid-cap team, adds “This acquisition demonstrates our continuous support for Origin Seal’s growth and the consolidation of its market position, which remains highly fragmented. Atlantic Join’s acquisition aligns perfectly with the Group’s dynamic external growth strategy. We are also considering other acquisition opportunities in France and Europe, demonstrating our strong desire to expand our footprint within the European market.”
