Profinpar has invested in Unica, a Brussels-based SME specializing in industrial washing machines, aiming to accelerate its growth in international markets.

Target Information

Profinpar, a Belgian entrepreneurial fund, has invested in Unica, a Brussels-based small to medium-sized enterprise (SME) that designs, manufactures, and markets industrial washing machines. Operating in 50 countries, Unica generates 95% of its annual revenue of approximately €5 million from international sales. Its key markets include France, Saudi Arabia, and the United Kingdom, with 70% of sales being absorbed by EU countries, while also exploring opportunities in Mexico and Japan.

Previously a family-owned business, Unica was led by Xavier Degrave, the founder's son, who has now sold the majority stake to Profinpar but will retain a minority share and support the new management for one year. Thomas Walgraffe, one of the partners at Profinpar, acknowledges the significant work Degrave has done in developing the machines and indicates that now is the right time to accelerate the company's growth by building on its solid foundation.

Industry Overview in Belgium

The industrial machinery sector in Belgium is robust, characterized by innovation and a steady demand for efficient solutions across various industries. The