What Moret Industries does

Moret Industries is a French family-owned industrial group founded in 1867 in Charmes, France, designing and manufacturing custom industrial equipment and machinery for three strategic sectors: agro-industry, energy, and defense. The group operates through a portfolio of acquired specialist brands — Maguin (industrial processes and equipment for sugar and environment), Promill (drying, milling, and pelleting for biomass and agro-industry), Fapmo (centrifugal pumps for naval, energy, and industrial fluids), EN Moteurs (electric motors with ~3,000 variants, acquired 2024), VetterTec (industrial drying and evaporation), and a minority joint-venture interest in De Smet Engineers & Contractors (agro-industrial EPC contractor, partially divested to Parlym in July 2025). Core technologies span bioresource extraction, drying and granulation, incineration and fume purification, centrifugal pump engineering for constrained environments, and custom electric motors, with stated applications in sugar refineries, ethanol plants, breweries, starch processors, military naval systems, and nuclear facilities.

The business model is enterprise B2B project-based sales of custom capital equipment with long sales cycles, complemented by engineering and integration services (DESC EPC) and a recurring aftermarket service stream covering spare parts, maintenance, and technical support. Distribution is direct through dedicated brand sales teams, with international coverage across Europe (France, Belgium, Poland, Germany, UK production sites) and commercial presence in the Americas, Middle East, India, and Asia. The group employs 800+ people across six European production sites and reports revenue exceeding €160M.

In October 2024 an Ocean Peak Capital-led consortium acquired a controlling stake, providing fresh capital and triggering a leadership transition completed in September 2025 — Guillaume Benhamou (CEO, Ocean Peak co-founder), Charles Bouygues (CTO), and Grégory Fréva (COO) replaced outgoing CEO Olivier Dambricourt. Concurrently the group has reshaped its portfolio: acquiring EN Moteurs in 2024 to extend into motors and divesting a majority stake in DESC to Parlym in July 2025 to refocus on core industrial-equipment brands while retaining minority exposure to agro-industrial EPC.

Name

Moret Industries

Legal name

MORET INDSUTRIES GROUP

Website

https://moretindustries.com

Company type

Private

Founded year

1867

Operating status

Operating

Headcount range

501–1,000 employees

Short description

Moret Industries is a French family-owned industrial group, founded 1867, designing and manufacturing custom industrial equipment for agro-industry, energy, and defense via brands Maguin, Promill, Fapmo, EN Moteurs, VetterTec, and minority-held De Smet Engineers & Contractors.

Ownership category

akta.pro rank

Product category

Industrial Equipment Manufacturing

NAICS

Machinery Manufacturing (333), Food Product Machinery Manufacturing (333241), Motor and Generator Manufacturing (335312)

SIC

Special Industry Machinery (No Metalworking Machinery) (3550), Special Industry Machinery, Nec (3559), General Industrial Machinery & Equipment, Nec (3569)

akta.pro primary industry

Chemical Processing Equipment (Reactors, Mixers, Agitators) (IMAHAEAA)

akta.pro secondary industries

Separation & Filtration Equipment (Filters, Centrifuges, Membranes) (IMAHAEAB), Water & Wastewater Treatment Plant Equipment (Clarifiers, Aeration, Membrane Systems) (IMAHAEAJ), Water Treatment & Process Specialty Chemicals (IMAEABAN)

Keywords

• Industrial equipment manufacturing
• Agro-industrial processing
• Centrifugal pump systems
• Industrial drying technology
• Bioresource extraction machinery

Headquarters

HQ city

Charmes

HQ country

France

HQ region

Europe

Offices6 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Personnel, Operations, Supply Chain, Technology or R&D, Infrastructure, Marketing or Sales

Revenue model

1. Custom equipment and machinery sales: Design, manufacture and sale of tailor-made industrial equipment and machines for strategic sectors including agro-industry, energy, and defense. Revenue generated through direct project-based sales with long sales cycles and high capital equipment values.
2. Engineering and integration services: De Smet Engineers & Contractors and other brands provide industrial integration, engineering design, and turnkey project solutions. Professional services including feasibility studies, process design, and project management.
3. After-sales service and maintenance: Aftermarket services including spare parts, maintenance, and technical support for installed equipment. After-sales service ensures ongoing customer relationships and recurring revenue.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels3 records

Core offering

Moret Industries is a European industrial group that designs, manufactures and supplies custom industrial equipment and turnkey process lines for the agro-industry, energy, and defense sectors. Through brands such as Maguin, Promill, Fapmo, EN Moteurs, VetterTec, and De Smet Engineers & Contractors, the group delivers proprietary technologies for bioresource extraction, drying and granulation, incineration/fume purification, centrifugal pumping, electric motors, and agro-industrial plant integration, complemented by engineering services and aftermarket maintenance.

Product overview

Moret Industries is a European industrial group operating through six main brands that offer a comprehensive portfolio of industrial technologies and equipment. The group specializes in design and manufacture of custom equipment and machinery for agro-industry, energy, and defense sectors. The core brands include Maguin (industrial processes and equipment), Promill (drying, milling and pelleting), Fapmo (centrifugal pumps), EN Moteurs (electric motors), VetterTec (industrial drying solutions), and De Smet Engineers & Contractors (agro-industrial integration). The group's technologies cover bioresource extraction, drying and granulation, incineration and fume purification, and fluid management in constrained environments. Note: De Smet Engineers & Contractors was majority acquired by Parlym in July 2025, making it a minority joint venture.

Differentiator

Problem solved

Functional benefit

Brands

• Maguin: Complete range of industrial processes and equipment from design to start-up, serving sugar and environment sectors
• Promill
• Fapmo
• EN Moteurs
• VetterTec
• De Smet Engineers & Contractors (DSEC/DESC)

Products and services

• Maguin Industrial processes and equipment brand offering a complete range from design to start-up, with after-sales service and maintenance for sugar refineries and environment sectors. More than 175 years of history in sugar processing equipment and environmental treatment systems.
• Promill Leading supplier of industrial drying, milling and pelleting technology for biomass and agro-industry with over 70 years of experience. Delivers complete capabilities for drying, grinding, and granulation of biomass and agro-industrial products.
• Fapmo Designs, manufactures and markets centrifugal pumps for clear and slurry liquids since 1923. Serves military navy, energy, desalination, sugar refinery, metallurgical industry, mining, chemical and petroleum sectors with pumps for fluid management in constrained environments.
• EN Moteurs Electric motor manufacturer producing nearly 3,000 different motor variants. Serves industrial customers with essential Quality and Technical requirements, including nuclear-qualified motors for nuclear facilities.
• VetterTec One-stop supplier of industrial drying solutions including dehydration and evaporation equipment, from R&D-scale to fully integrated production lines for starch, food, chemicals and bioethanol industries.
• De Smet Engineers & Contractors (DSEC) Internationally renowned industrial contractor specializing in agro-industry, particularly Sugar and Ethanol, Vegetable Oils and Derivatives, Bio-industries, Alternative Proteins & Ingredients and Fertilizers. Minority joint venture with Parlym group since July 2025.

Quantifiable outcome

• Reduced CO2 emissions through innovative industrial solutions
• +3 more outcomes

Named customers6 records

Segments2 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Partnerships

One partnership is on record.

• ParlymcoreStrategic or Co-development Partner · 22 July 2025Parlym acquired a majority stake in De Smet Engineers & Contractors (DESC) jointly with Moret Industries and Wallonie Entreprendre. This strategic partnership creates synergies between Parlym's energy infrastructure capabilities and DESC's agro-industrial expertise, enabling DESC to strengthen resources for international development.

Scale indicators5 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• GEA Group: GEA is a major global manufacturer of process equipment for food, beverage, dairy, and pharmaceutical industries — directly comparable to Moret's Maguin and VetterTec brands serving sugar refineries, breweries, and starch producers with separation, drying, and process engineering solutions.
• Bühler Group: Bühler is a Swiss family-owned industrial group specializing in process technologies for food processing (grain milling, brewing, chocolate) and biomass/feed — directly overlapping with Moret's Promill drying/milling/pelleting and Maguin agro-industrial equipment businesses.
• Alfa Laval: Alfa Laval is a global leader in heat transfer, separation (centrifuges, decanters, membranes), and fluid handling — closely matching Moret's Fapmo centrifugal pump and Maguin separation technologies serving sugar, energy, and process industries.
• Sulzer: Sulzer manufactures pumps, rotating equipment, and process engineering services for industrial applications including sugar, ethanol, and energy — directly comparable to Fapmo's centrifugal pump business serving naval, chemical, and petroleum sectors.
• Andritz AG: Andritz supplies process equipment and services for hydropower, pulp/paper, metal processing, and biomass/feed — comparable to Moret's Promill and VetterTec drying/milling/pelleting technologies and DESC's agro-industrial EPC work.
• SPX FLOW: SPX FLOW designs and manufactures pumps, mixing, drying, and separation technologies for food/beverage and industrial markets — closely aligned with Moret's fluid management (Fapmo) and drying (VetterTec) product lines.
• Flowserve Corporation: Flowserve is a global manufacturer of pumps, valves, seals, and automation for power, oil & gas, chemical, and water industries — comparable to Fapmo's centrifugal pump business serving constrained-environment and naval applications.

Broad incumbents

• FLSmidth: FLSmidth provides process equipment and EPC services for cement, mining, and mineral processing — a broader industrial incumbent with similar custom-engineered capital equipment and project execution model as Moret's DESC agro-industrial EPC business.
• Nidec (Leroy-Somer): Nidec, through Leroy-Somer, is a major global manufacturer of electric motors and generators — directly comparable to EN Moteurs' custom motor manufacturing business serving industrial, nuclear, and specialized applications.

Emerging players

• WEG SA: WEG is a Brazilian global manufacturer of electric motors, generators, and industrial automation — an emerging global competitor to EN Moteurs in the custom/industrial motor segment with growing presence in European markets.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Profiles7 records

Subsidiaries7 records

Funding overview

Funding rounds1 record

Investors1 record

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Moret Industries