GROUPE SQUIBAN, a major player in horticultural, agricultural, industrial, and tertiary installations for over 50 years, is being transferred to UNIGRAINS as lead investor, alongside EPOPEE GESTION, UNEXO, BPIFRANCE, and the management team. This transaction will accelerate the Group’s development and strengthen its position as a key player in the ecological transition.
Founded in 1972 in Plougastel Daoulas, Brittany, and initially specialized in greenhouse equipment, GROUPE SQUIBAN has diversified over the past 15 years through multiple acquisitions into energy management, water resource optimization, and all aspects of HVAC and electrical engineering, including artificial intelligence. With its expertise in managing living ecosystems, the Group is recognized for the quality of its after-sales service, supporting a wide range of technical solutions for its clients and partners. Through its specialized subsidiaries, the Group also provides solutions related to renewable energy (solar, wind, energy storage, and methanation).
Today, GROUPE SQUIBAN generates more than €70 million in revenue and employs 320 people across 23 offices.
Becoming a key player in energy and resource management
Through this transaction, GROUPE SQUIBAN aims to strengthen its position as a leading ecological transition partner for agricultural, industrial, and tertiary clients nationwide. Growth will continue through further targeted acquisitions, adding high value-added technologies to its portfolio—as has been successfully done in recent years.
Patrice BORALI, Chairman of GROUPE SQUIBAN, states :
"This transaction is fully aligned with our corporate project, initiated by Mickaël SQUIBAN and accelerated since my arrival eight years ago. The expertise, experience, and complementary strengths of UNIGRAINS, EPOPEE GESTION, UNEXO, and BPIFRANCE will help us structure more effectively, manage upcoming developments, and ensure the continued quality of our service, while introducing new, efficient solutions for our clients."
Nicolas MULLE, Investment Director at UNIGRAINS, lead investor, adds :
"GROUPE SQUIBAN benefits from a unique multi-specialist positioning that delivers high value-added turnkey solutions to a predominantly agricultural client base. Beyond its development project, this deal reflects our shared vision with the leadership team on the key agricultural, ecological, and energy transitions we aim to support. This lies at the core of UNIGRAINS’ mission as a sector-focused, active, and responsible investor."
Aymeric LE RENARD, Partner and Investment Director at EPOPEE GESTION, comments :
"SQUIBAN sits at the heart of local challenges: sustainable agriculture, energy efficiency, and renewable energy. The ambitious family succession plan led by Patrice perfectly matches the stories we want to support at EPOPEE GESTION—helping build national champions rooted in our regions, particularly here in the Brest area where we originated."
Antoine MARTIARENA, Investment Manager at UNEXO, comments :
"SQUIBAN is well known to the CRÉDIT AGRICOLE FINISTÈRE, which has supported Mickaël SQUIBAN and Patrice BORALI for many years. We were quickly convinced by this project enabling a gradual handover to management while securing the Group’s local roots. We firmly believe in SQUIBAN’s relevance for its clients and its contribution to food sovereignty and the energy transition."
Jean-Marie FOUGERAY, Senior Investment Director at BPIFRANCE, comments:
"We are delighted to support such a strategic player as SQUIBAN in its new growth phase, alongside our partners and the management team. We are confident that SQUIBAN belongs among the key actors in resource optimization and energy management!"
Guillaume DARY, Managing Partner at ADVISO PARTNERS, concludes:
"This transfer, supported by UNIGRAINS, EPOPEE GESTION, UNEXO, BPIFRANCE, and the management team, will allow GROUPE SQUIBAN to significantly accelerate its development—particularly in energy transition for agriculture and more broadly in resource and energy management across all sectors. This support further illustrates ADVISO PARTNERS’ deep commitment to regional mid-sized companies, enabling successful succession planning, empowering management teams, and advancing impact-driven growth."