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 enter the European market (including Belgium) from 2024, with the first milestones already set for the end of 2023.
The Group would like to raise equity for €10mn that would be used for a capital increase serving to finance mainly new acquisitions (takeover of production and distribution sites) and Capex.
