FrenchFood Capital, alongside Bpifrance, has made a majority investment in Le Cercle, aiming to support its next phase of growth and sustainability initiatives.

Information on the Target

Le Cercle, founded in 2016, is a pioneering company in the Île-de-France region, specializing in reusable meal trays and responsible catering services. The company has uniquely positioned itself in the market by offering the first stylish, non-disposable meal trays, thereby contributing to waste reduction in corporate catering. Le Cercle collaborates with ESAT l’Envol, integrating a social dimension by supporting the professional integration of individuals with disabilities. Furthermore, the company is ISO 26000 certified, indicating its commitment to environmental, social, and governance (ESG) criteria.

The company is particularly celebrated for its innovative model based on 100% reusable containers and a complete reuse cycle, which aligns with the growing consumer and corporate demand to minimize environmental impacts. With a fabless business model, Le Cercle focuses on executing its services flawlessly, covering activities like container design, seasonal menu development, customer relationship management, and commercial expansion. Currently well-established in Île-de-France, Le Cercle aims to double its revenue within the next five years.

Industry Overview in the Target’s Specific Country

The corporate catering sector in France is witnessing significant transformations driven by the increasing public awareness of sustainability and health. Businesses are progressively leaning towards eco-friendly pract