The natural ingredients market is booming, translating consumers’ expectations for a more plant-based, balanced, and transparent diet.
To cope with this higher demand, COSUCRA has made an investment agreement with the Wallon investment company SRIW, acting as an intermediary of the European Investment Bank EIB, and with Sofiproteol, branch of the Avril group. This agreement between the four parties was made official on Friday July 9th, where a press conference was organized as well as a short visit of COSUCRA’s pea plant “Provital”, with the presence of Walloon Minister Willy Borsus and Vice-President of the EIB Kris Peeters.
Worth 10 million euros, this bond loan will enable the Walloon company to strengthen its production capacity to continue to offer healthy and sustainable food and to maintain its leading position on its markets. This new step also reaffirms the key role of the family business in the local economic and social ecosystem, by creating new jobs within the next 3 years.