PARIS, FRANCE: The Poujoulat Group, the European leader in chimney flues and industrial chimneys and the French leader in biofuels, has announced that it has acquired 100% of the shares of Bois Bûches Nord Atlantique (BBNA), a company specialized in the production and distribution of high-performance logs and pellets in Loire-Atlantique. The deal, signed on July 25th, aims to consolidate the Poujoulat Group’s wood-energy branch and its Woodstock and Crépito brands in the Great West of France.
The Poujoulat Group, a medium-sized company with majority family capital, has a turnover of 402 million euros during the 2022/2023 financial year, of which 40% on the wood activity. The group employs 1,850 people and operates in various sectors such as heating, construction, agriculture, and industry. The group’s wood-energy branch, Euro Energies, offers a range of biofuels (logs, pellets, firelighters) under the Woodstock and Crépito brands, which are certified by quality labels such as NF and DIN Plus.
The acquisition of BBNA is part of the external growth strategy of Euro Energies and the Woodstock and Crépito brands in western France. BBNA, based in Guémené-Penfao, between Rennes and Nantes, offers a solution that combines comfort, economy and respect for the environment, by developing a quality firewood offer for professionals and end consumers. The company has a forecast turnover of 2.5 million euros for 2023.
The former shareholders of BBNA, Mr. and Mrs. Corbin, and the representatives of Euro Energies signed the sale protocol on July 25th. Mr. and Mrs. Corbin and the current BBNA team will support Euro Energies in the development of the local wood industry. Through this operation, the Poujoulat Group will significantly increase its production capacities over the next 18 months and contribute to the local employment dynamic.
Frédéric COIRIER, CEO of the Poujoulat Group, said: “The acquisition of Bois Bûche Nord Atlantique ensures that the Poujoulat Group will continue to deploy its offer of high-performance biofuels for heating in the Great West. This is also part of our values shared with Mr. and Mrs. Corbin: promoting the excellence of the local wood industry and the development of the economic area.”
Mr. and Mrs. Corbin said: “This operation corresponds to a desire to change the scale of the Guémené-Penfao site. We wanted to maintain the presence of the company in our territory with a trusted partner to guarantee the sustainability of our project. With the Poujoulat Group, the project combines product diversity and quality.”
Leave a Reply