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Agri-food


Louis Gad
Louis Gad is located at Lampaul Guimiliau in Finistere. It is a major company in the French pork sector.
It slaughters 1,400,000 pigs a year, 7% of the French total. Sofipar bought into the company's capital when it teamed up with Prestor pork producers. The merged group covers the whole production chain from raising piglets at Prestor's suppliers to salting and smoking the final products.
In 2004, the company expanded its range of activities by buying into Mère Lalie, a company specialising in pâtés.
www.louis-gad.fr

Caves de Roquefort
Caves de Roquefort is positioned as the leading producer of ewe's milk cheese with consolidated turnover of over EUR500 million.  Market leader in Roquefort cheese, the group has diversified heavily into other products, including feta cheese.
It also sells most of the cow's milk AOC cheeses made by Lactalis, its parent company.
www.roquefort-societe.fr

lesieur
Sofipar took part in the bond issue in July 2003 to fund Saipol's acquisition of Lesieur (via Soprol, its edible oils holding company).
Lesieur produces and sells edible vegetable oils and is the leading brand on the French market for bottled edible oils.
Lesieur was set up in 1908 and has been French market leader since 1958. Innovations include the launch of ISIO 4, the first oil to be blended from four different seeds.
The company is also present in the olive oil segment (with the recent purchase of Puget), which has been growing particularly strongly for several years on the back of growing public awareness of the health benefits associated with the consumption of olive oil.
A subsidiary of Saipol, France's leading edible oils refiner, the company is active at different stages of the production chain from procurement of raw materials to packaging.
www.lesieur.fr

Florette
Florette group: European leader of convenience fresh salads and vegetables.
With 2004 sales of EUR297 million and 2,300 employees across Europe, Florette group is organised into three business units (France, UK and Spain) all of which are driving growth and development.
Florette group sells its products in 10 countries - notably through its Florette brand- via major retail chains and also provides the food service sector with ready-to-use fresh vegetables. Its salads, vegetables and fruits meet consumer demands for convenience and suit modern consumption patterns.
The company watches consumer trends closely and leads its market in Europe, with the widest and most innovative selection of products tailored to the specific consumer expectations of each European country.
www.florette.com

Euralis

Euralis has 15,000 members and 3,100 employees and is the leading co-operative group for general agri-foods in south-western France. Its annual sales of EUR850 million are generated in three divisions: agricultural produce, seeds (maize, sunflowers, rape) and foie gras.
The group developed with agricultural products from south-west France, focusing on seeds in 1950, sweetcorn in 1975 (50/50 partnerships with Green Giant and Bonduelle), vines in 1991 and poultry in 1994. It moved into the processing of foie gras with the buyout of GMD in 1995 followed by RBI in 2002.
The foie gras sector now provides 40% of group revenues. Euralis Gastronomie is the world leader in foie gras, with a 30% share of the mass market, 30% of the restaurant/catering market and 35% of exports. Euralis Gastronomie owns a strong set of complementary brands: Montfort and Bizac are mass market retail brands; Rougié is for restaurants and export; distance sale products are sold under the Pierre Champion brand.
Since 1997, Euralis has been in partnership with Sofipar who contributed to the development of its foie gras business providing long-term finance for the acquisition of Rougié Bizac.
Euralis group is based in Lescar near Pau in southern France.
www.euralis.fr

Epis-Centre
Epis-Centre is France's second largest cereals co-operative collecting 2.2 million tonnes annually with a turnover of EUR1 billion.  Located in central France, from the Auvergne to the Nivernais, the group conducts agricultural activities and first-stage industrial processing as well as milling, animal feed and malt making activities.
To cope with increasing consolidation and globalisation among the brewers that comprise its client base Epis-Centre opted to expand its malt activities, acquiring Belgian malt processor Boortmalt in 2004. This gave the group critical mass with 450,000 tonnes of malt produced annually at four sites, in France, Belgium, Croatia and China and access to the port infrastructure at Antwerp.
As part of this strategic move by Epis-Centre, Sofipar organised a funding round for equity and quasi-equity among the group's financial partners.
Epis-Centre is based in Bourges. 
www.episcentre.com

Tereos
Tereos is one of the leading agri-industrial groups in France and worldwide. It processes sugar beet and cane into alcohol. Group turnover is EUR1.7 billion annually. It has fourteen industrial units in France, the Czech Republic, Réunion and Brazil.
Tereos is French sector leader and solidly positioned in the European market giving it a strong position going into the upcoming restructuring of the European sugar regime. The group's expansion strategy centres on Brazil, which offers the best development potential, and on the manufacture of ethanol biofuel.
Tereos was created from the end-2002 acquisition of Beghin-Say by co-operative group Union SDA. In the course of this major transaction in the sugar sector, IDIA - CAPITAL INVESTISSEMENT arranged acquisition debt finance of EUR65 million, partly syndicated by third-party financial entities.
www.tereos.com

Cheesemaker Guilloteau
Cheesemaker Guilloteau was founded in 1982 and specialises in development and processing of cheese products made using the filtration method.
It sells its products through mass market retailers, restaurants/catering outlets and to industrial food processors. Its two Rhône Alpes plants process cow, ewe and goat cheese. More than 25% of sales come from exports and the group is present in more than 15 countries.
www.fromagerdaffinois.com

Darome
Darome was founded in 1887 and has for four generations sold frozen, dehydrated and bi-temperature herbs to the retail, restaurant/catering, and food processing sectors.   It has a presence in Europe, Asia, South America, the USA and Africa and generates 50% of its sales abroad.
www.daregal.fr

Comapêche
Comapêche S.A is now the only company to cover the whole of the fish production chain.
The company is deeply-rooted in the fishing industry, has many years of experience and research with ways of optimising the exploitation of marine resources and is present at all stages of the production process. This allows the group a high level of flexibility in meeting the need to renew its products ranges at an ever-increasing pace. Comapêche S.A. systematically employs onboard processing and freezing technologies to ensure maximum food security.
It is the only European group capable of carrying out all stages in the surimi production process, from catching the white fish to the finished product.
Tradition, modernity, innovation and quality are the foremost concerns for the sailors and all employees of Comapêche. 
www.compagniedespeches.com

Quartier Français group
Quartier Français group was founded on the island of Réunion. Annual sales are EUR300 million and it is now the island's leading industrial group.
A dominant player in the cane-sugar sector, Quartier Français group is the leading European cane sugar manufacturer and France's number two rum company, selling traditional Réunion and Martinique rum.
The group is structured as three divisions:
     - the Sugar division covers the production and distribution
       of sugar.
     - the Rums and Spirits division runs the distilleries in Réunion
       and Martinique and manages a portfolio of seven brands.
     - the Development division is responsible for structural activities
       in Réunion and Martinique.
The Sugar and Rums and Spirits divisions provide 80% of sales.
www.gqf.com

Grimaud la Corbière
Grimaud la Corbière is a poultry breeding specialist. 
It has developed three complementary activities over 35 years:
     - genetic selection of high quality poultry
     (ducks, coloured chickens, pigeons) and rabbits
     - breeding and hatching of ducks,
     - biotechnologies to aid human and animal health.
In March 2005 the group bought Hubbard from Merial.
Hubbard is a major firm in the field of chicken genetics, focused on improving performance, health and well-being of poultry birds.
This acquisition positions the Grimaud group as a new leader in the white-meats market, both in the differentiated high-quality market (coloured chickens, ducks, guinea-fowl, rabbits and pigeons) and in broiler-bred fast-growth meat chickens.  With annual sales of EUR150 million Grimaud is the world's second largest company in the field of avian genetics with sites in the USA, Europe and Asia.
www.grimaud.fr
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