Transcapital advises the owner of Biofournil in the transfer of the company to the agricultural cooperative Cavac.
Located in the area of Nantes but working on a national scale, Biofournil is the French leader of pre-cooked organic breads. The company has been acquired in August 2015 by Cavac, an agricultural cooperative from Vendée with €930m turnover.
This acquisition is in line with the development plan led by Cavac to get equipped with a significant organic business line, initiated with the takeover of the company Bioporc in 2014 (organic pork meat). The cooperative group, already a leader in the organic cereal production, integrates with this acquisition an experienced production tool downstream this activity.
Transcapital advised the shareholder of Biofournil in a process led with a limited selection of potentials buyers.