Turnover: 210 million EUR (2023)

Country: France

Butter packaging specialist since 1922

News

Abondia: the new name for Loyez Woessen 20/01/2024

  • Loyez Woessen changes its name to Abondia with the entry of BNP Paribas développement
  • The company was founded in 1922 in Phalempin (Nord).
  • It made a fresh start in 2017 with the acquisition made by Xavier Burette, then backed by Sénevé capital as majority shareholder.
  • A second round of financing took place in 2021 with the arrival of Unigrains.
  • Abondia employs 120 people.
  • The company currently generates sales of over 210 million euros.
  • It holds around 30% of the butter market.
  • The company strengthened its expertise in butter packaging with the acquisition of Établissements Charrier, in Carquefou (Loire-Atlantique), in 2021.

Packaging: Loyez-Woessen (Abondia) targets cheese 17/01/2024

  • Loyez-Woessen (now Abondia) is the French number one in butter packaging.
  • The Sénevé Capital fund became the majority shareholder in 2017.
  • Unigrains joined in 2021.
  • BNP Paribas Développement and the management team also joined the shareholding structure, with the latter holding a 10% stake.
  • In 2021, thanks to internal development and the acquisition of Etablissements Charrier, its volume reached 37,000 tonnes of packaged butter.
  • The group has invested 15 million euros in its production facilities over the past four years.
  • 30% share of the French private label market.
  • Abondia achieves sales of 210 million euros, over 90% of which under private label.
  • The French are Europe's leading butter consumers, consuming 9 kg per capita per year.
  • Abondia plans to extend its activities to cheese (grated and sliced) from 2024. They are aiming for 5-7% of the French grated and sliced cheese market.

Studies mentioning this company

The butter market - France

Other companies mentioned:

  • Savencia Fromage & Dairy groupe
  • Eurial Coopérative
  • Isigny-Sainte-Mère (Coopérative)
  • Sodiaal Groupe (Coopérative)
  • Lactalis Groupe
  • Loyez Woessen - Abondia
  • Terra Lacta Cooperative