Oxigen supported the German group Booster Precision Components (BPC), in the sale of its French subsidiary's (BPC Thyez) precision machining and assembly activities to OMV Turbosharger System.
BPC Thyez manufactures and assembles specific, technical and complex parts for the automotive (second tier supplier) and industrial sector.
Within a strategic refocusing and geographical re-concentration dynamic, BPC Group (Turnover €150M – 1000 employees) has chosen to entrust Oxigen to assist it in the sale of its underperformant subsidiary BPC Thyez (ex-CCN).
The technical machining and assembly activities operated by BPC Thyez were sold to OMV Turbocharger System, a French Company supported by Asian capital, which is pursuing its strategy of integrating machining activities through external growths.
This acquisition consolidates the buyer’s positioning in the manufacture of complex automotive parts, a sector in which it was already present (particularly in China), while establishing a virtuous relationship between France and China without relocating any industrial or human resources.
Oxigen‘s team is delighted to have implemented this sale, which will ensure the sustainability of BPC Thyez’s activities, recognized as a player with a strong know-how in the machining sector. Oxigen illustrates its ability to carry out the disvesting strategy of a foreign group in a sensitive context.
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