What FETIS Group does

FÉTIS Group is a privately held, family-owned French industrial engineering organization headquartered in Nantes, founded in 1978 by Jacques and Marie-Paule FÉTIS. The group operates through 16 wholly-owned subsidiaries organized into four divisions — Mobility & Engine, Energy & Industry, Production, and Supporting — serving the off-highway vehicles, marine, energy, and manufacturing sectors across 9 countries and 30 sites with 689 employees. Core operations revolve around exclusive territorial distribution of premium powertrain brands (Perkins engines since 1978, Volvo Penta marine/industrial for 30 years, FG Wilson generators), complemented by industrial hydraulics distribution (Bosch-Rexroth, Danfoss, Hydac), custom manufacturing of hydraulic cylinders (Chabas & Besson), welding and sheet metal fabrication (AM-TEC, AC-TEC Solutions), and a multidisciplinary R&D engineering arm (KINELL Engineering) focused on electrification, hydrogen fuel cells, mobile robotics, and connected machine services for off-highway OEMs.

The business model is hybrid: lower-margin technical hardware distribution generates volume, higher-margin custom manufacturing and engineering services contribute margin uplift, and recurring after-sales service (warranty, remanufacturing, field interventions) provides revenue stickiness. Pricing is quote-based with multi-year industrial contracts typical. Go-to-market combines direct enterprise field sales with a channel partner network (SECODI France with 7 regional agencies, SECODI Power Systems Spain, POWER TK AS Turkey, SECO POWER Africa, GeniWatt Benelux). The 94% permanent contract workforce and 10%+ average annual headcount growth over 45 years reflect long-term, family-ownership-driven capital allocation rather than venture-backed scaling. The group is positioning for the energy transition by developing decarbonization technologies for heavy off-road equipment, though the core revenue base remains tied to diesel powertrain distribution.

Name

FETIS Group

Legal name

SECOM

Website

https://fetis.group

Company type

Private

Founded year

1978

Operating status

Operating

Headcount range

501–1,000 employees

Short description

FÉTIS Group is a privately held French family-owned industrial engineering organization operating across 9 countries, specializing in exclusive distribution of Perkins engines, Volvo Penta marine systems, and FG Wilson generators, complemented by custom hydraulic manufacturing and R&D in electrification and hydrogen for off-highway machinery OEMs.

Ownership category

akta.pro rank

Product category

Industrial Equipment Distribution and Engineering

NAICS

Engine, Turbine, and Power Transmission Equipment Manufacturing (33361), Pump and Compressor Manufacturing (33391), Turbine and Turbine Generator Set Units Manufacturing (333611)

SIC

Engines & Turbines (3510), General Industrial Machinery & Equipment (3560), Motors & Generators (3621)

akta.pro primary industry

Fuel Systems Service (Diesel/Gas/CNG/LNG, Injectors, Tanks) (TLAKABAH)

Keywords

• Industrial engine distribution
• Hydraulic systems manufacturing
• Marine engine services
• Power generation equipment
• Off-highway engineering

Headquarters

HQ city

Nantes

HQ country

France

HQ region

Europe

Offices20 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

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

Revenue model

1. Technical Distribution: Distribution of engines (Perkins), generators (FG Wilson), hydraulic components, transmission systems, and filtration products to off-road, marine, and industrial customers. Revenue generated through product sales with technical support services.
2. After-Sales Service and Maintenance: Service and repair operations across 7 regional agencies in France and international locations. Includes warranty management, field interventions, and technical support.
3. Custom Manufacturing: Custom fabrication of hydraulic cylinders, welding assemblies, sheet metal parts, and prototyping services for industrial clients.
4. Engineering and R&D Services: KINELL Engineering provides pluridisciplinary R&D and engineering services including feasibility studies, design, and prototyping for off-highway machine manufacturers.

Pricing tiers

Go-to-market motion2 records

Distribution channels5 records

Marketing channels4 records

Core offering

FÉTIS Group is a B2B industrial engineering and distribution group that supplies engines (Perkins), marine engines (Volvo Penta), generator sets (FG Wilson), hydraulic systems, and power transmission components to off-highway, marine, energy, and manufacturing customers through exclusive distributor partnerships in Europe, Turkey, and Africa. It also performs custom manufacturing of hydraulic cylinders, welded and sheet-metal assemblies, and provides multidisciplinary R&D engineering services for electrification, hydrogen fuel cells, mobile robotics, and machine connectivity.

Product overview

FÉTIS Group is a family-owned international engineering organization operating as a platform of specialized subsidiaries across four business divisions. The Mobility & Engines division includes SECODI (Perkins distributor), SRA (Volvo Penta center), POWER TK AS (Turkey Perkins), and SECODI Power Systems (Spain). The Energy & Industry division encompasses GeniWatt (FG Wilson generators), SECOFLUID (hydraulics), and SECO POWER (Africa). The Production division covers AM-TEC (welding/mechanical production), AC-TEC SOLUTIONS (boiler-making), and CHABAS & BESSON (hydraulic cylinders). The Supporting division includes SECOM (corporate services). A key innovation arm is KINELL (KINELL Mobility for equipment/sub-assemblies and KINELL Engineering for R&D in electrification, hydrogen, and intelligent systems). The group serves off-road vehicles, marine, energy and manufacturing sectors with a focus on decarbonation and the energy transition.

Differentiator

Problem solved

Functional benefit

Products and services

• SECODI Official Perkins engine distributor and expert power solutions provider for France, selling spare parts for motorization, hydraulics, and transmission, and offering multi-technological repair services for off-road machines through 7 regional service agencies.
• AM-TEC Specialist in welding and mechanical production, designing and manufacturing industrial parts such as chassis for mobile vehicles through laser cutting, bending, machining, welding, painting, and assembly.
• KINELL Mobility
• KINELL Engineering Multidisciplinary engineering firm specialized in R&D and innovation for non-road mobile machines, contributing to CO2 reduction through new energy solutions including electrification, hybridization, and hydrogen fuel cells.
• SRA Marine and Industrial Volvo Penta Center
• GeniWatt FG Wilson Generator Distribution
• POWER TK AS Perkins Turkey Distribution Appointed Perkins distributor in Turkey since 2013, specializing in Perkins engine and spare parts distribution plus Perkins diesel engine service and maintenance.
• SECODI Power Systems Spain Perkins official representative in Spain since 2016, distributing engines, selling spare parts, and providing comprehensive service including maintenance, repairs, warranties, and project development.
• SECO POWER Africa Distribution
• SECOFLUID Industrial Hydraulics
• CHABAS & BESSON Hydraulic Cylinders Manufactures and repairs complex hydraulic cylinders in small and medium quantities for demanding industrial sectors, operating from Le Poiré-sur-Vie and Fontenay-le-Comte in France.
• AC-TEC SOLUTIONS Sheet Metal Fabrication

Quantifiable outcome

• 45 consecutive years of growth at over 10% annual average
• +1 more outcomes

Named customers8 records

Segments5 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature5 records

Partnerships

Four partnerships are on record, tiered core.

• Bosch-RexrothcoreTechnology or Integration · 1 January 2021SECODI expanded technology offerings to include Bosch-Rexroth hydraulic components as part of complete powertrain solutions for off-road machines.
• Perkins (Caterpillar subsidiary)coreChannel Partner/ Reseller/ Distributor · 1 January 1978Exclusive Perkins engine distributor for France since 1978. SECODI provides distribution, integration, spare parts, warranty management, technical support, training, and engine remanufacturing. Partnership expanded to Spain (SECODI Power Systems), Turkey (POWER TK AS), and Africa (SECO POWER).
• Volvo PentacoreChannel Partner/ Reseller/ DistributorSRA is Official Volvo Penta Marine and Industrial Center with 30 years of global expertise, providing marine and industrial engine sales and service across France and internationally.
• FG WilsoncoreChannel Partner/ Reseller/ DistributorGeniWatt is official FG Wilson distributor for France and Benelux, providing complete generator solutions from need analysis to installation, commissioning, spare parts, and maintenance.

Scale indicators6 records

Recent moves6 records

Expansion highlights6 records

Direct peers

• Wajax Corporation: Canadian industrial products distributor serving construction, forestry, mining, oil & gas, and material handling customers. Comparable to FÉTIS in offering multi-brand industrial equipment distribution with after-sales service across multiple geographies.
• Finning International: Global Caterpillar dealer and Perkins distributor across Canada, UK, Ireland, and South America. Comparable to FÉTIS in business model (exclusive OEM distribution + product support + power generation) and customer base (construction, mining, forestry, marine).
• Toromont Industries: Canadian industrial equipment distributor and exclusive Caterpillar/Perkins dealer with energy and refrigeration operations. Most directly comparable to FÉTIS as a multi-decade exclusive Perkins distributor with a similar model of combining distribution with equipment servicing and engineering for heavy-duty OEMs.
• H&E Equipment Services: US-based distributor of aerial work platforms, cranes, earthmoving, and industrial equipment with rental, parts, and service operations. Comparable to FÉTIS in equipment distribution + after-sales service model for off-highway and industrial customers.

Emerging players

• FEV Group: German engineering services provider focused on powertrain, vehicle, and energy systems development, including electrification and hydrogen. Comparable to KINELL Engineering as a specialized R&D services peer for off-highway and industrial powertrain decarbonization.

Broad incumbents

• AVL List: Austrian global engineering services firm specializing in powertrain, electrification, and hydrogen development for off-highway, automotive, and energy customers. Comparable to KINELL Engineering as a broad R&D engineering incumbent serving decarbonization mandates in heavy machinery.
• Bosch Rexroth: Global hydraulics, electric drives, and factory automation leader and direct FÉTIS partner. Comparable as a broad incumbent in hydraulics and power transmission that FÉTIS resells through its SECOFLUID division, while also competing for integrated drive system business.
• Parker Hannifin: Global motion and control technologies leader including hydraulic cylinders, valves, and pumps for mobile and industrial markets. Comparable to CHABAS & BESSON and SECOFLUID operations as a broad incumbent in hydraulic components for off-highway equipment.
• Caterpillar Inc. Parent of Perkins and the largest global manufacturer of construction, mining, and off-highway equipment. Comparable as a broad incumbent that defines FÉTIS's distribution opportunity while also representing a channel-disintermediation risk to FÉTIS's Perkins distribution franchises.

Regional players

• SPIE SA: French independent multi-technical services group providing electrical, mechanical, and HVAC services to industrial and energy customers across Europe. Comparable to FÉTIS as a French-rooted industrial services platform with similar end-market exposure and geographic concentration in Western Europe.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/fetisgroup

Revenue estimate

Valuation estimate

Number of profiles

Profiles3 records

Subsidiaries17 records

Funding overview

Funding rounds

Investors

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 FETIS Group