MML's Nactis buys Robertet Savoury

Ellie Pullen
24 February 2015

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Nactis Flavours, a French producer of flavouring and aromatic raw ingredients backed by MML Capital, has bolted on Belgian flavour and protein specialist Robertet Savoury.

Robertet Savoury is the Belgian subsidiary of Grasse-based Robertet Group. The company will be renamed Nactis Benelux following the acquisition.

Nactis is believed to have used the capital supplied by MML in November last year to finance the deal.

Nactis is a French producer of aromatic raw materials for the food, pharmaceutical and perfume industries, as well as flavours and aromatic ingredients for the gourmet food sector.

The company employs 200 staff and generated €40m in revenues last year.

Previous funding
MML invested €10m in Nactis in November 2014, with the investment comprising €5m in equity and quasi-equity and the rest in bonds. The firm took a 20% stake in exchange.

Founder Hervé Lecesne holds a 75% stake in the business, with management retaining the balance of 5%.

Company
Headquartered in Schoten, near Antwerp, Robertet Savoury is a specialist in transformation flavours and hydrolysed vegetable proteins for use in soup, stock, sauce, condiments, seasoning and ready meals.

It sells its products in Belgium, the Netherlands, Germany, Spain, Italy, sub-Saharan Africa and northern Europe.

The company employs 54 staff and generated turnover of €14m in 2014.

People
Hervé Lecesne is the founder, chairman and joint CEO of Nactis alongside CEO Daniel Faguer. Faguer has recently joined Nactis from his position as CEO of Malteurop Group and will become chairman of Nactis Benelux.