SEMIN reveals its new plan of growth in isolation of biological origin after a first significant operation of external growth. A familiar company from Mosela receives GEI, Bpifrance and BNP Paribas Développement with its capital to support its ambições

Created in 1838, the SEMIN family business is currently managed by the 5th and 6th generations, headed by Philippe Semin, president, and his daughter Caroline Semin, general manager. Over the years, SEMIN has become the reference brand for craftsmen for all products used to install plasterboard: glues and coatings, metal profiles and accessories as well as inspection hatches. The group relies on its 12 production sites mainly in France and Europe and its 900 employees to serve its customers in 72 countries. In 2022, it achieved a consolidated turnover of 240 million euros.

This emblematic industrial ETI regularly innovates to guarantee its customers high-quality, cutting-edge products. Aware of the impact of its activity on the environment, the company has made its CSR approach a strategic axis of its growth in order to be an impactful player for responsible housing. Thus, it recently developed the first range of coatings produced with more than 99% natural raw materials, and labeled Origine France Garantie. This new stage of development will position SEMIN as a key player in biosourced insulation, particularly with the acquisition of companies and the establishment of new factories in France and abroad.

To support its growth plan, the SEMIN company chose the GEI entrepreneur fund, as well as two local institutional funds, Bpifrance Investissement and BNP Paribas Développement, whose banks also participated in the operation. The Semin family remains the majority shareholder in the company.

“The history of a company almost 200 years old, which has become a key player in the manufacturing of construction materials for buildings, is made up of successive episodes and renewed ambition. To accelerate and go even faster and further, we have chosen partners who share our vision of a family business and can work alongside us over the long term. » declare Philippe and Caroline Semin, directors of the SEMIN company.

“We are delighted to be able to partner with Caroline and Philippe Semin to support their long-term ambition. They have a clear market vision resulting in an ambitious growth strategy. They were able to surround themselves with a high-quality management committee, aligned with the desire to favor short circuits and control their environmental impact. We share the same values of high standards and commitment. », Adds Serge Peiffer, president of GEI.

“We are very happy and proud to benefit from the trust of the SEMIN family in this new stage of development and growth of their company. This investment is completely in line with the spirit of Bpifrance Investissement because it is in line with the environmental approach that we take. This French industry, which produces in a carbon-free way in short circuits, demonstrates an active CSR approach at all levels, SEMIN being an emblematic representative of our green and blue rooster communities. » add Sophie Perette, Director in charge of the Lorraine region and Guillaume Sever, Building specialist at Bpifrance.

Guillaume Danzelle, Investment Director of BNP Paribas Développement underlines: “We are happy to put our know-how in supporting businesses to the development of a family-run, efficient and emblematic industrial group from Lorraine. This operation will help accelerate the growth of the SEMIN Group, with the deployment of new product strategies, particularly those focused on CSR.”

Contact SEMIN Group
RP@SEMIN.COM