Agriland and its founders have over 50 years’ experience in the extraction of natural ingredients for the fragrance, flavor and food ingredient industries. The company is particularly focused on essential oils and antioxidants from rosemary, as well as natural lycopene.
The company is present across the entire value chain, from sourcing raw materials directly from the source, to marketing oils and extracts in a variety of finishes and concentration levels according to customer needs. The company guarantees perfect traceability of its extracts, and is committed to respect for the environment and fair trade, being Fair for Life certified.
With this new round of financing, Agriland aims to continue developing its historic essential oils business, as well as becoming a major player in the rosemary antioxidant market.
Saif Kacem and Ayet Hlaim, Managing Directors, declare: “We are delighted and honored to welcome TAG Partners, Momentum Invest and Cèdre as our new majority shareholders. With this new round of financing, we are giving ourselves the means to achieve our ambition of becoming a major player in natural ingredients in France and internationally, particularly in rosemary and tomato extracts”.
Georges-Alexandre Ancenys, Alain Cochenet and Sabine Barral add: “Agriland combines unique raw material sourcing capabilities with over 50 years’ know-how in natural extraction and first-class facilities. We look forward to supporting the company in this new phase of its development, and would like to thank Saif, Ayet and their team for their confidence.
Investors in the deal : TAG Partners (Georges-Alexandre Ancenys, Thierry Manceau, André Wagner), Momentum Invest (Alain Cochenet, Olivier Guine, Daphné Guigui), Cèdre (Sabine Barral, Clotilde Noyer)
Investor legal advice and legal, social and tax due diligence : Gide (Alexandre Bochu), Fidal (Yohan Jabbour-Gédéon), Mermoz (Thomas Hermetet, Marina Llobell), Louati & Associates (Emna Louati),
Investor financial due diligence : Ernst & Young (Anis Laadhar, Sami Chouk)
Technical due diligence for investors : Efeso (Louis Catala)
About TAG Partners (formerly SPE Capital Europe)
TAG Partners, an investment company co-founded and managed by Georges-Alexandre Ancenys, Thierry Manceau and André Wagner, aims to invest in French SMEs with strong potential for transformation and growth. TAG’s founding partners apply their combined experience, know-how and energy to help portfolio SMEs reach their full potential. This support focuses on three main areas:
- Operational transformation
- External growth to improve positioning in the value chain and strengthen the product range
- Activating levers for local and international growth
TAG systematically invites a pool of co-investors (entrepreneurs,
family offices, industry experts, etc.) to join each round of financing, to foster an open exchange of ideas and experience with the management of our portfolio companies.
TAG Partners is affiliated with SPE Capital, an independent investment company with over €500 million in assets under management, operating in the EMEA region.
About Momentum Invest
Momentum Invest is an independent asset management company which manages 2 FPCIs (c. €300m under management) investing in high-potential, profitable French SMEs operating in the most attractive sectors of the Services market, with sales of between €10m and €100m. As a committed and responsible investor, Momentum Invest aims to combine financial value creation with extra-financial ambitions. Momentum Invest acts as a majority or minority shareholder in expansion and buyout capital transactions, with investment tickets ranging from €4 to €20 million. Momentum Invest’s ambition is to bring real operational added value to managers and support them in the transformation of their company.
www.momentuminvest.fr
About Cèdre
Cèdre is a family-owned investment holding company, targeting French companies with strong growth potential. For over 20 years, Cèdre has supported the development of meaningful projects by investing in promising companies. Cèdre invests from €5 to €15 million, alone or in co-investment, with no time constraints.
www.cedre-pe.com/fr
Press contacts :
TAG Partners
Georges Alexandre Ancenys
gaancenys@tagpartners.fr
06 79 19 91 05
Momentum Invest
Alain Cochenet
ac@momentuminvest.fr
06 24 62 86 14
Cèdre
Sabine Barral
Sabine.barral@cedre-pe.com