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Press Release: OneTech Group Strengthens Its Governance Through the Full Acquisition of Techniplast Minority Stake
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Press Release: OneTech Group Strengthens Its Governance Through the Full Acquisition of Techniplast Minority Stake

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Press Release: OneTech Group Strengthens Its Governance Through the Full Acquisition of Techniplast Minority Stake

As part of its strategy to further strengthen the governance of its industrial subsidiaries, OneTech Holding announces to its shareholders and the public that it has signed an agreement with Tavernier Benoit et Industrie (TBI) to acquire its entire 20% equity stake in Techniplast, the Group’s plastic injection moulding subsidiary.

The transaction will be completed in two phases. OneTech Holding has already acquired 36.5% of TBI’s participation, representing 7.3% of Techniplast’s share capital. The remaining 12.7% will be acquired by the end of 2025, in accordance with the terms of the agreement between the parties.

Upon completion of the transaction, OneTech Holding will own 100% of Techniplast, reinforcing its strategic and operational control over the subsidiary. As a profitable business, Techniplast will also contribute a higher share of earnings to the Group’s consolidated net income.

This transaction reflects OneTech’s commitment to simplifying its ownership structure, enhancing governance, and supporting the continued development of Techniplast, whose sustained commercial momentum further strengthens the Group’s integrated industrial value chain.

About Techniplast

Founded in 2005, Techniplast Industrie is a fully export-oriented company and a subsidiary of OneTech Group, specializing in the plastic injection moulding of technical mono-material and bi-material components for demanding industrial applications.

About OneTech

Established in 1978, OneTech is an international industrial group specializing in cabling, mechatronics, and ICT. The Group develops and markets innovative solutions for the automotive, energy, and industrial sectors.

OneTech Group is listed on the Tunis Stock Exchange (ISIN: TN0007530017 – Ticker: OTH). In 2024, the Group generated consolidated revenues of TND 1,050 million, with 85.6% of sales generated from international markets.

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