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Announced

Unigrains invests in Roger Descours

Synopsis

Unigrains, a French private equity and venture capital firm, invested in Roger Descours Group, one of the leading European players in frozen fruits. Financial terms were not disclosed. Roger Descours, the Group’s eponymous manager, decided to open its capital to Unigrains in order to accelerate its development, both in chestnut processing and the commercialization of frozen fruits. Unigrains’ financial resources and deep sector knowledge will enable it to support the Group in carrying out strategic projects to strengthen its market positions. Roger Descours has also taken this opportunity to open the capital to four key executives within the Group, a sign of the strong cohesion between the management team.

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