Bioline by InVivo carries out a 50 million euros capital increase to contribute to the acceleration of agricultural transformation in France and abroad
05 April 2018
Bioline by InVivo carries out a 50 million euros capital increase, from LFPI, associated with IDIA Capital Investissement and Unigrains.
Bioline by InVivo, the global brand covering the InVivo Group's activities dedicated to agriculture, has successfully raised 50 million euros in the form of a capital increase from a consortium of investment partners led by LFPI, which has partnered with IDIA Capital Investissement and Unigrains for the occasion, to contribute to the acceleration of agricultural transformation in France and abroad.
For Laurent Martel, CEO of Bioline by InVivo: “This transaction enables us to join the very exclusive circle of companies that can establish an advantageous position in the global agriculture market of tomorrow. Bioline by InVivo will become a major operator in the process of transforming the Global Farm.”
The expertise, experience and ability of the InVivo Group in mobilising the required human and material resources enable its subsidiaries to achieve operational excellence, to seize opportunities with ease, to set new targets effectively and to maximise value creation.
"This capital increase is a perfect illustration of the implementation of our 2025 by InVivo strategic plan, and demonstrates the proficiency of our staff in the process of value creation, as already implemented by our subsidiary Neovia (animal nutrition and health). With Bioline by InVivo, the Group is accelerating its growth and transformation plan, demonstrating once again its ability to create both national and global market leaders", states Thierry Blandinières, CEO of the InVivo Group.