New industrial alliance between Parlym, DSEC, and Moret Industries
Parlym has acquired a majority stake in De Smet Engineers & Contractors (DSEC) from Moret Industries. This transaction was carried out with the aim of establishing a joint strategic and industrial partnership.
DSEC designs and builds plants around the world as an EPCM contractor and process integrator for the agri-food and bio-industries, with a focus on energy efficiency to address decarbonization challenges. With subsidiaries in Belgium, France and India, DSEC employs more than 350 people and generates nearly €70m in consolidated revenue.
Parlym designs and delivers turnkey energy infrastructures primarily for major industrial players in the Oil & Gas and Nuclear sectors in Europe and Africa. From EPC to Technical Assistance, including the supply and manufacture of equipment, Parlym’s offering enables intervention at each key stage of its clients’ projects. With nearly 1,500 employees, Parlym generated €252m in revenue in 2024.
Moret Industries is a European industrial group that designs and manufactures tailor-made equipment for strategic sectors such as agri-food, energy and defence. Committed to a more sustainable industry, the Group supports its clients in modernizing their processes and reducing their environmental footprint. With more than 800 employees, the Group generates €165m in revenue, mostly from exports.