Intact Group, with the Banque des Territoires, is investing €7.9 million and €6.8 million respectively to establish a new facility in Baule for producing plant-based proteins and neutral alcohol.
Target Information
Intact Group has made a significant investment in Intact Invest, amounting to €7.9 million, with an additional contribution of €6.8 million from the Banque des Territoires. This capital will be utilized to establish a sophisticated production facility in Baule (Loiret), designed to manufacture plant-based proteins and neutral alcohol.
In addition to this funding round, Intact has successfully executed multiple financing operations totaling €70 million and has expanded its financial structure to include new banking partners such as Bpifrance and La Banque Postale. Bpifrance is particularly notable for providing a €15 million New Industry Loan, which is guaranteed under the European Invest EU fund. Moreover, Intact and the Banque des Territoires secured €20.5 million in long-term loans through various banking partners to support this ambitious industrial project.
Access Full Deal Insights
You’re viewing a public preview of this deal. To unlock full access to ca. 50,000 other deals in our database and join ca. 400 M&A professionals who are using it daily, sign up for Dealert.
Industry Overview in France
The plant-based protein market in France is experiencing robust growth, driven by increasing consumer demand for sustainable and healthy food options. With su
Similar Deals
Intact
invested in
Intact Invest
in
in a Other deal
Disclosed details
Transaction Size: $16M