Information on the Target
Pastacorp, a historic player in the transformation of durum wheat and the parent company of Lustucru, is embarking on a new chapter in its entrepreneurial journey. Following a structured family transition, Antony and Bernard Cohen-Skalli have become the majority shareholders of the Group, supported by GENEO Capital Entrepreneur through its GENEO Mezzanine fund, along with long-term co-investors SOCADIF and C2AD.
This operation facilitates the reorganization of the company's capital around operational management, ensures the preservation of the company’s family heritage, and supports the execution of an ambitious industrial project centered on value creation, innovation, sustainable performance, and territorial impact.
Industry Overview in France
The food industry in France is characterized by significant diversity, and the pasta sector, in particular, has seen continued growth as consumers show increasing interest in high-quality, responsible food options. As the second-largest producer of pasta in France, Pastacorp has a strong foothold across various complementary and growing market segments, including dry pasta, fresh pasta, couscous, semolina, gnocchi, and quenelles.
With an integrated industrial organization that includes a mill and three production sites located entirely in France, Pastacorp processes over 110,000 tons of French durum wheat annually. The company's balanced presence across national brands, private labels, food service, B2B, and ethnic markets reflects a robust, diversified model deeply rooted in the French agricultural value chain.
Pastacorp has already initiated several tangible actions, such as introducing innovative 100% paper packaging for its Lustucru range in large retail (Nutriscore A), launching an industrial modernization plan aimed at improving material yields, and executing a logistics trajectory aligned with emission reduction targets. The company currently employs 400 staff exclusively in France across four sites and holds a 10% share of the pasta market in the prevailing retail sector while commanding 30% of the couscous market within France.
This momentum highlights Pastacorp's strategic positioning to capitalize on the growing trend toward sustainable and loc…