France-based Compagnie Léa Nature has received a 40% stake in native company Alpes Biscuits.
Compagnie Léa Nature, one in all France’s greatest providers of “herbal” and natural meals, mentioned the deal would “make stronger” its trade centred round its Ekibio unit. Monetary phrases weren’t disclosed.
Alpes Biscuits, founded in Estrablin, south of Lyon, makes a spread of natural biscuits, snack bars and pastry merchandise. The company’s flagship emblem is Bio Soleil. In 2021, the SME grew its turnover by way of 17% to EUR6.1m (US$6.4m).
Compagnie Léa Nature accomplished a turnover of EUR500m in 2021. It first invested in Ekibio in 2011, purchasing majority keep watch over 3 years later.
Ekibio is found in a spread of classes, from rice and pasta to crispbread and gluten-free merchandise. Its biscuits trade is centred round Bisson.
In a remark, Compagnie Léa Nature mentioned Ekibio and Alpes Biscuits may just have the benefit of “such a lot of synergies”, together with raw-material provide, “French business experience [and] innovation expertise”.
Becoming a member of forces would create a “sturdy trade within the biscuit class of natural meals retail outlets”.
Thierry Chiesa, managing director of Compagnie Léa Nature’s Ekibio department, mentioned: “This acquisition displays our need to make stronger our natural biscuit task within the natural retailer circuit. The Bio Soleil emblem, chief in natural pastry truffles and biscuits, completely enhances the Bisson emblem with sturdy commitments when it comes to indulgence.
The proximity of the Alpes Biscuits production websites to Ekibio may be conducive to strengthening … the cultural and innovation values of our corporations.”
Laura Ollivier Gallippi, basic supervisor of Alpes Biscuits, added: “The alliance of our strengths with the ones of Ekibio is a coherent selection which is able to permit us to reply in combination to the demanding situations of the next day. We percentage the similar historical past and the similar commitments as pioneers within the natural sector and are totally complementary in our biscuit expertise.”
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