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Announced

Avril to acquire SOLTEAM.

Synopsis

Avril, an agro-industrial group, agreed to acquire SOLTEAM, an importation company. Financial terms were not disclosed. "This investment falls directly in line with our purpose, Serving the Earth, and in accordance with our commitments. Indeed, this provides us with greater scope for action to protect natural resources and maintain biodiversity, in keeping with our goal of sourcing 100% of our palm and soya from sustainable agriculture by 2030. This move also confirms our ambition to continue to develop and grow in the service of the French agricultural sector, particularly with regard to livestock farming," Jean-Philippe Puig, Avril CEO.

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