Announced
Financials
Sources
Tags
Single Bidder
Acquisition
Food Products
agricultural
France
Private Equity
Minority
Pending
Private
Cross Border
Friendly
Synopsis
Investors KKR, Bpifrance, and Crédit Agricole agreed to invest €440m in Soufflet Group, the malt business of InVivo. "InVivo wants to make malt one of the founding pillars of its economic model – this is why we have decided to accelerate our investments in order to move upmarket and support the growth of our customers globally. Thanks to our strategic partners KKR, Bpifrance, and Crédit Agricole Group, who invested in Malteries Soufflet, InVivo has acquired the financial resources and skills to quickly implement this ambitious growth plan," Thierry Blandinières, InVivo Group CEO.
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