CapAgro invests SEK15.6m in BoMill
CapAgro has invested SEK 15.6m in Sweden-based BoMill, a manufacturer of grain sorting equipment.
According to a statement, BoMill's previous owners also took part in the investment, totalling SEK 20m.
CapAgro is currently investing via its Innovation fund, which held a final close on €124m in October 2017 and counts Tereos, Sofiprotéol, BPI France and Crédit Agricole as its main investors.
The company will use CapAgro's fresh capital and support to accelerate its commercial development and international expansion, especially in France.
Company
Founded in 2001 by Swedish biochemist Bo Löfqvist and headquartered in Malmö, BoMill is a specialist in high-speed grain sorting equipment. The technology used by the company is able to separate individual kernels in a grain lot into three quality fractions based on their protein value, fusarium, vitreousness, falling number and seed quality. BoMill sells its products across Europe and North America using its own sales network and distributors.
People
CapAgro – Tom Espiard-Cignaco (managing partner); Julie Peyrache (investment director).
BoMill – Karin Wehlin (managing director).
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