Our clients (The Group), savvy entrepreneurs (French) dedicated to the production and distribution of wood energy to French consumers wishes to pursue their growth strategy consisting in investing in consolidation, synergies, economies of scale and cost saving. The 3 main business activities are: wood logs, compressed logs and granules or pellets. Having vertically integrated the high value-added links in the wood energy industry, they aim to consolidate other players in the sector. At the heart of its development is a strong e-commerce angle. Above them are a listed leading Investment Fund as well as an Asset Management firm who both intends to provide a concrete response to the challenges of building a carbon free world by investing in European companies. The Group is determined to become Nr 2 player in this sector in France, and also has ambition to expand in the European market (including Belgium).
The Group would like to raise equity for €20mn that would be used for a capital increase serving to finance mainly new acquisitions (takeover of production and distribution sites) and Capex.
