SPI GROUP

INDUSTRIAL PACKAGING AND LOGISTICS

SPI Group, headquartered in Saint-Vulbas (Ain), is a French multi-site industrial services group specialising in industrial packaging, co-packing and high value-added logistics, mainly on behalf of major clients in the food and cosmetics industries.

KEY STRENGTHS

Operating in a market with high barriers to entry, SPI Group stands out in particular for its unique and differentiating know-how, based notably on its mastery of 3 key factors:

• in-depth knowledge of its clients and their products,
• very strong expertise in industrial optimisation/automation (engineering),
• full mastery of packaging development (industrial and technical aspects).

A pioneer in its field, SPI Group operates under multi-year contracts with major players, particularly in the food and cosmetics industries.

KEY MILESTONE

Between mid-2018 and mid-2024, Innovafonds acted as a minority shareholder within a majority buyout pool of SPI Group, alongside the existing management team and a new manager.

The group followed a dynamic growth path, reaching revenue of over €100m by the end of Innovafonds’ involvement.

Innovafonds supported the management team along three main lines:

• SUCCESSION AND MANAGEMENT : Support for the majority buyout of the group and the successful management transition from the Founder-Chairman to the new CEO
• EXTERNAL GROWTH : Identification of external growth opportunities
• RSE : Strengthening and implementation of a highly proactive CSR approach.