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Country: Sweden

  • Swedish start-up
  • Recycling food packaging waste

News

Passage du désir: the daring but profitable bet of the brand that sells sex toys like hotcakes 14/02/2024

  • Founded in 2007 by Patrick Pruvot, the company is a leader in the pleasure sector.
  • More than fifteen stores across France
  • Sales of 25 million euros
  • The sextoy equipment rate in France used to be 15%. Today, it exceeds 50%.
  • More and more French companies (Lelo, Yesforlove...) are making their mark in the sextech sector.
  • PwC estimated the global sex accessory market at $19 billion

Cibox launches production of electric bicycles 13/02/2024

  • The Paris-based electric scooter specialist founded in 2019 will open an electric bike assembly line in March at its site in the Ardennes.
  • It plans to assemble 150,000 bikes a year by 2027.
  • production of 150 bikes a day until the end of 2024
  • End of bicycle assembly in Romania and Hungary.
  • Marketing of bikes via its own online brands, yeep.me and Scooty, and via European partners such as Surpass and Cdiscount.
  • Commercial partnership with ZX Power, a Chinese brand that designs electric bicycles.
  • Cibo, a specialist in electric micro-mobility, invested 16 million euros to build a 17,500 m2 factory
  • Cibox has opened a workshop adjacent to the factory under construction to repair and recondition its customers' electric scooters and bicycles.
  • Contract with Veolia to recycle electric batteries.
  • Cibox, which employs 35 people, plans to hire between 30 and 50 employees by 2024.
  • The company saw its sales halve between 2022, when it stood at 12 million euros, and 2023, when it fell to 4.8 million euros.
  • This drop is linked to the phasing out of bicycle assembly abroad and the launch of production in the Ardennes.

Eighteen months after its takeover by Vallourec, Mutares hands over Valti to its chairman 25/01/2024

  • German investment fund, which had taken over the steel tube specialist in 2022
  • valti's sales, which had reached 63 million euros in 2022 (compared with 45.8 million in 2021), fell back to 48 million in 2023, with 17,000 tons of tubes produced, including 12,000 for automotive bearings (for which the company is Europe's second-largest player, with a 25% market share, according to Mutares).
  • the plant's workforce has been reduced from 176 employees at the time of the takeover, in 2022, to 154 in 2023

Clément Benoit, the Clone attack 12/12/2023

  • Created in 2020 under the name Not So Dark, the business originally runs kitchens dedicated to meal delivery.
  • Fermetute uses the eight existing "dark kitchens" to offer restaurateurs the opportunity to operate its brands from their own kitchens, with delivery provided via platforms.
  • In July 2022, a new financing round of 80 million euros is signed.
  • Within a year, Clone grows from 60 to 300 employees.
  • By the end of 2023, it is aiming for revenues of 100 million euros.
  • Initially marketed in France, the offering is extended to Belgium, the Netherlands and Spain.

Nuclear power: France steps up the race for small reactors 28/11/2023

  • In Paris, the World Nuclear Exhibition, a global show dedicated to nuclear energy
  • 550 nuclear companies from 76 countries.
  • Six new innovative reactor projects will receive 77 million euros in public funding.
  • Start-up Jimmy, which aims to decarbonize industry with high-temperature reactors for process heat production, is set to receive 32 million euros.
  • 10 and 15 million euros to start-ups Naarea and Newcleo.
  • Naareamise, which is betting on a molten-salt fast-neutron microreactor based on previously irradiated fuel, has just launched a new financing round of 150 million euros.
  • Newcleomise is betting on a lead-cooled fast-neutron reactor based on the Superphénix research reactor.
  • Calogena (Groupe Gorgé) focuses on pressurized water reactors and will receive 5.2 million euros from the French government;
  • Renaissance Fusion focuses on nuclear fusion, with a €10 million grant from the French government;
  • Blue Capsule on high-temperature fusion
  • Hexana and Otrera focus on fast neutron technology

Toulouse start-up Hycco steps up hydrogen fuel cell production 25/11/2023

Océano Loisirs adds unusual accommodation to extend visitors' stays 30/10/2023

The Vendée-based leisure group, with two theme parks in Moutiers les Maufaits, invests 5 million euros

O'Fun park and 'O'Gliss , the two theme parks welcomed 320,000 visitors in 2023, including 210,000 for the water park alone.

They achieved sales of 9 million euros for the 2023 season.

20 permanent employees and up to 320 in season.

Vinventions ready to conquer the world with its French agglomerated cork stoppers 26/10/2023

  • Vinventions, 500 employees and sales of close to 200 million euros
  • World's second-largest manufacturer of wine corks
  • Plant in Rivesaltes (Pyrénées-Orientales).
  • 3.5 billion corks produced by Vinventions last year, 54% in plastic and 43% in metal screw caps
  • Preferred for fine wines, genuine cork actually accounts for only 7% of the 20 billion bottles of wine sold each year.
  • There aren't enough materials to meet every demand
  • Agglomerated corks account for 35-45% of the market.

Lip becomes the official watchmaker of the French fire department 26/10/2023

  • The SMB watchmaking company took over Lip in 2014.
  • The Lip brand achieved sales of 8 million euros in 2022.
  • The Lip watch brand developed an exclusive movement chronograph in 2020.
  • The Lip Courage range now includes a model with a steel bracelet, a ladies' model and two new diving watches water-resistant to 200 meters.
  • Lip signed an agreement formalizing its title as watchmaker to the Fédération nationale des sapeurs-pompiers de France in October.
  • Lip produced a watch in tribute to the 50-year social movement in a limited edition of 1973 pieces.
  • In 2022, Lip sold 70,000 watches, representing growth of 48%.
  • SMB is investing half a million euros to restructure its site and acquire new machines by 2024.
  • SMB employs 130 people in Greater Besançon, including 60 for the Lip brand.

Rozelieures whisky invests 15 million euros in Lorraine to expand (Ferme Grallet-Dupic) 11/10/2023

  • In Rozelieures (Lorraine), the Grallet-Dupic farm-distillery produces fruit brandies and whisky under the Rozelieures brand
  • Investment of 7 million euros for the construction of three cellars,
  • Objective: triple the distillery's production capacity to 560,000 hectolitres.
  • Investment: 8 million euros devoted to the purchase of barrels and malt, and the creation of four to five jobs by 2024,
  • A new step, then, for the Grallet-Dupic farm-distillery, which embarked on the Rozelieures whisky adventure in 2000. The first bottles were sold in Lorraine in 2007.

Moustache ice cream parlour opens its capital and aims for 100 points of sale 10/10/2023

  • Taglab, owner of top-of-the-range Moustache ice cream, aims to expand its franchise network by opening "around fifteen new outlets a year"
  • The SME has opened up 20% of its capital to Unexo, Crédit Agricole's investment fund, backed by the bank's Côtes-d'Armor regional branch and BNP.
  • Taglab produces 450,000 liters of ice cream a year, with sales of 4 million euros this year (financial year ending September).
  • Les glaces Moustache sees its business growing by 15% in 2023, following growth of over 50% in 2022.

Iziwork: a start-up in crisis. 19/09/2023

  • Digital temping platform Iziwork was founded in 2018.
  • The start-up has 250 employees. Iziwork was placed in receivership in September.
  • Iziwork currently employs 7,000 temps a day.

&Repeat improves restaurant collection with Groom 30/06/2022

  • &Repeat improves restaurant waste collection with purchase of Groom
  • Groom specializes in local waste collection for the catering industry
  • The company handles small volumes of waste from twelve &Repeat partner restaurants in the Paris region

Studies mentioning this company

The plastic recycling market - France

Other companies mentioned:

  • Paprec Groupe
  • Véolia Groupe
  • Suez Groupe
  • Eastman
  • Loop Industries
  • Earthwake Entreprise
  • Skytech
  • &Repeat
  • Galloo Recycling
  • Plasticlean
  • Recyclex
  • Plastus
  • Infineo
  • CARBIOS
  • Aloxe
  • Green Dot Bioplastics
  • Südpack
  • Buitex (Semin groupe)
  • Léko
  • plast'if