Deals

Unigrains and BPIFrance invest in Otico

A manufacturer of rolling solutions for agricultural equipment

Background

Founded in 1971 and led by Olivier Phely, son of the company's founder, Otico specialises in the production of pneumatic tyres through extrusion and injection, as well as the design of wheels and rollers for equipping all types of soil-working agricultural machinery (such as cultivators, seeders, planters, fertilisers, weeders, and strip-till machines). Based in Seine-et-Marne, the company, known for the quality of its products and its ability to innovate, manufactures nearly 1.2 million rubber tyres annually. Otico employs 130 people and generates €40 million in revenue, with 85% of its sales coming from exports to 40 countries.

Deal Summary

Unigrains and BPIFrance invest in Otico, rolling solutions for agricultural equipment.

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Bertrand Thimonier

Adviso Partners

T: +33 632693219