Hygeco

Abenex acquires Hygeco, the French leader of funeral products and services, from de Facultatieve group

Abenex joins Hygeco Management team in its newly found independence from the Dutch group de Facultatieve, in order to further develop the company, both in France and internationally.

Established in 1887, Hygeco has historically specialised in deceased embalming care. For more than 30 years, the group has extended its activities to the manufacturing of post-mortem equipment and the distribution of funeral products towards at funeral homes, hospitals and mortuaries.

Relying on a team of 340 people specialised in the post-mortem field; Hygeco is the only French player, able to fully address the main national funeral groups.

Benefiting from a large range of products (urns, body bags, etc.), the group is also largely present internationally. Thanks to its modern, German-based post-mortem equipment production unit, the group is able to answer local and international clients needs, with a turnkey offer from design and manufacturing to equipment installation and set up within mortuaries, hospitals and post-mortem medical laboratories.

4 funeral urns


 

”Hygeco has been a member of our group for over ten years during which substantial improvements were made. We are confident that Hygeco has the ability to further reinforce its strong market position. To this end, we believe that the best solution for Hygeco is to take its independence. We are therefore pleased to divest the group to the benefit of the Management team supported by Abenex, and we wish them, along with all the company employees, a lot of success in the future.” Patrick DE MEYER, Board member (Sales and Marketing) of de Facultatieve group.

“I am pleased to engage, with Carmen de Oliveira (CEO of Hygeco), in this new phase of development of Hygeco alongside Abenex. Our brand names provide an incomparable advantage in our industry, thanks to our integrated production units, our deep know-how and our industrial partnerships. Our new shareholder demonstrated throughout the acquisition process, its expertise to efficiently assist the group. Thanks to its financial support, our group, armed with a 130 year experience, 340 employees and a unique broad range of products and services, will be able to accelerate its international development in a growing sector.” Damien COMANDON, President of Hygeco.

“We are delighted to partner with Hygeco Management team in the implementation of their strategy. Benefiting from a leading position in the consolidating French funeral products and services market, Hygeco will also pursue the development of its international activities. Abenex will fully support the management team. Extended growth projects as well as the optimisation of its current activities..” Mathieu MAUHOURAT, Abenex.

 

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