Natural ingredients company Nexira has announced the buyback of 24% of its capital, meaning that the company is now wholly owned by the Dondain family.
Natural ingredients company Nexira has announced the buyback of 24% of its capital previously held by Edmond de Rothschild Investment Partners through its Winch Capital 2 fund. The transaction means that Nexira is now wholly owned by the Dondain family.Founded in 1895, the company recorded turnover in 2015 of €112.5 million with 90% being generated in the international market. Since 2011, Nexira has recorded 40% growth and has seven production plants in the world, five of them located in France (Rouen, Serqueux, Lamothe-Montravel, Bram, Corbie), in addition to eight subsidiaries throughout the world, the main one being based in the United States. “Today, Nexira is underpinned by a capital and organisational structure that will secure our role as a benchmark company in the acacia gum industry through to 2020,” said Mathieu Dondain, Nexira Managing Director. “Thanks to innovation and new acquisitions, we are developing our position as leader in the field of natural ingredients in Health and Nutrition. Today, Nexira is fully geared up to confirm its position as one of the world leaders in natural ingredients for the food, health and nutrition industries while safeguarding our independent family group culture.”