Nactis to invest €8 million

16 Sep 2015

French aromatic raw materials, ingredients and flavours company Nactis Flavours is to invest €8 million over the next three years with a view to building the group’s new R&D centre of excellence in Bondoufle and optimising its main production sites. The group, which is targeting €100 million by 2018, is preparing for its business to […]

Nactis to invest €8 million

121312-407x295-TricoloreFrench aromatic raw materials, ingredients and flavours company Nactis Flavours is to invest €8 million over the next three years with a view to building the group’s new R&D centre of excellence in Bondoufle and optimising its main production sites.

The group, which is targeting €100 million by 2018, is preparing for its business to develop strongly as its external growth strategy is ramped up, with Robertet Savoury acquired in December 2014 and further operations currently being looked into in Europe and the US.

The investments from this €8 million programme will focus primarily on the Bondoufle, Yssingeaux  and Schoten (near Antwerp, Belgium) sites. In 2013 and 2014, close to €1 million was invested at the company’s Chartres site, which specialises in essential oil distillation and aroma chemical synthesis, in addition to extending the Furdenheim site, which will welcome the production unit from the Illkirch site, which has become obsolete and is scheduled to close at the end of 2015.

In Bondoufle, Nactis Flavours will be building the group’s R&D creation centre of excellence and an application pilot for validating its product samples under real-life production conditions. To take on board the planned increase in production and reorganise flavour production to streamline operations, the premises are set to be extended following the acquisition of an adjacent building with 2,800 sq.m of space on a 5,000 sq.m plot.

In Yssingeaux, following the fire that destroyed part of the facilities and storage premises in December 2014, the site will be fully reorganised with a view to improving productivity and supporting the business’ strong development.

In Schoten, in Belgium, at the Nactis Benelux site, the hydrolysed vegetable protein production and drying capacity will be increased significantly and a wastewater treatment unit will be built.

Alongside this, a new ERP – Sage X3 – will be rolled out across all the sites, enabling them to be more responsive, with a more efficient supply chain, while further strengthening their specialisation.

“Thanks to this investment programme, which will enable us to significantly strengthen our capacity for innovation, while increasing our responsiveness, we will be ramping up the implementation of our combined internal and external growth strategy with a view to meeting our target of €100 million in revenues by 2018,” said Daniel Faguer, CEO of Nactis Flavours.

“Our new R&D creation centre of excellence, which will be opening in Bondoufle, will be a showcase for all our know-how and expertise, located just 20 minutes from Paris,” said Hervé Lecesne, founder and Chairman of Nactis Flavours. “Our teams of flavourists, perfumers, engineers and technicians will be welcoming all our agents and all our French and international customers to this centre to develop, in perfect synergy, the flavours, ingredients and aromatic raw materials required to ensure the success of our customers’ products.”