Natixis Partners advised the StellaGroup in the acquisition of Biossun, the French leader in bioclimatic pergolas

Located near Grenoble (France), BIOSSUN is a recognized brand in the bioclimatic patio covers market which it created twelve years ago It was until now mainly owned by its two historical managers, Frédéric Foretti and Jean Paul Sibellas, and the PE firm GARIBALDI Participations. French leader, BIOSSUN specializes in the design, manufacture and marketing of bioclimatic patio covers, car ports and screens. It distributes its products via its own network of agencies but also to a large customer base of professionals such as regional carpenters, craftsmen and networks of distributors. BIOSSUN is a very active player in the world of major projects meeting the needs of cities and towns, hotels, cafes and restaurants. BIOSSUN achieved a turnover of €26 million in 2021 and has 90 employees. Frédéric Foretti, co-founder and manager of the company since its origin, remains at the head of BIOSSUN. Backed by PAI Partners since 2018, STELLAGROUP is the leader in France and Europe in its three main markets: window closures (rolling shutters, screens and shading), access for housing markets (garage doors, gates and fences, railings ), and for the industrial building market (grids and curtains, industrial doors), and lastly outdoors and sun protection (patio covers, roof terraces, awnings). STELLAGROUP includes 15 companies based in France, Germany, the Netherlands and England and achieves a turnover close to €600 million in 2022 with 2,400 employees.