OGF
- Investment date : October 2007
- Transaction size (Enterprise Value) : >300€m
- Industry : B to C Services
- Activity : Funeral services
- Previous Majority Shareholder : LBO Fund
- Status : In portfolio
- Fund : Astorg IV

OGF is the French leading funeral services operator. Founded 160 years ago, the group operates the largest domestic network of funeral services, with 943 sales outlets, 380 funeral parlors and 45 crematoriums.
With approximately 5,500 employees, OGF provides a full range of services (funerals and cremations, coffins, monuments,etc.) under 3 main brands: PFG, Roblot and Henri de Borniol. OGF is also the leading coffin manufacturer in France, and sells funeral pre-need contracts through its own network and sales partnerships.

• Undisputed national leader with a very strong brand image in a non-cyclical market and a regular growth.
• Remarkable management team that was able to turn around the company’s operating profit.
• A fragmented national market offering numerous external growth opportunities.
• Still some potential left for margin improvements.

«
After confirming their commitment to a business culture based on sharing value creation with the staff, Astorg provided assistance and support to put in place an employee stock ownership in OGF with the creation of an AMF approved “FCPE” (Employee Shares Ownership Plan). This highly motivating project for a service group like ours was implemented very quickly after Astorg came on board. It was very well received by the Group employees. »
Philippe Lerouge, chairman of Groupe OGF