Unigrains, Sofiproteol back Caussade Semences

Unigrains and Sofiprotéol have invested in quasi-equity (convertible bonds) in the context of a fundraising by Caussade Semences. No equity stake was directly acquired in this debt financing, Unquote understands. 

The proceeds of the fundraising will be used to foster Caussade Semences' development in France and abroad.

Unigrains has a track record in the seeds sector, having supported companies like Limagrains, Euralis Semences and RAGT Seeds.

Both GPs have a focus in agri-business. Italy-based Sinfo One and France-based Roger Descours are among Unigrains' most recent acquisitions, according to Unquote Data.

Sofiproteol is the finance and development company of Avril, an industrial and finance actor of the French oilseeds and proteins sectors. The group recently exited from Sopral, selling it to Parquest in Q4 last year.

Founded in 1958, Caussade Semences is a multi-species seed group. The company selects, produces and markets field seeds including corn, sunflower, rapeseed, straw cereals, forage crops, protein crops, soybeans and plant cover crops.

Based in Caussade, the company generates revenue of €145m and has 630 employees. It operates 11 research sites and five production facilities and has a presence in 35 countries.

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• Topics
• Expansion
• France
• Industrials
• France