Motion Equity Partners has acquired a majority stake in Groupe Tournaire, aiming to enhance the company's growth, innovation, and international expansion while the founding family retains a significant ownership interest.

Information on the Target

The Groupe Tournaire, established in 1833, has a long-standing expertise in manufacturing and marketing high-performance industrial packaging. The company specializes primarily in aluminum packaging ranging from 15mL to 32L, commonly used for the sampling, storage, and transportation of high-value materials such as active ingredients, solvents, flavors, and essential oils. With a strategic partnership approach, Groupe Tournaire serves a diverse portfolio of over 900 clients across resilient and high-potential industries including pharmaceuticals, flavors and fragrances, specialty ingredients, fine chemistry, and agrochemicals. The aluminum packaging offered by Tournaire meets stringent performance and recyclability requirements demanded by these industries.

Headquartered in Grasse, the global capital of perfume, Tournaire operates its main production facility there and possesses unique industrial know-how. Additionally, the company has a production site located in Fragnes (Saône-et-Loire) dedicated to high-performance plastic packaging, alongside commercial subsidiaries in the United States and Vietnam. Tournaire markets its solutions in 80 countries and employs nearly 300 individuals. In 2021, the Group generated over €90 million in revenue.

Industry Overview in France

The industrial packaging industry in France is characterized by a blend of tradition and innovation. As a critical sector, it supports a variety of applications, particularly in pharmaceuticals and specialty chemicals, which have seen conti