As stated by the EIB, the promoter is a French dairy cooperative. The loan will support its investments to expand, modernise, and decarbonise the manufacturing process for UHT dairy-based products during the period 2025-2029.

The objective of the project is to modernise the Promoter's production facilities by upgrading production lines and expanding on-site storage capacity to enable the manufacture of UHT products for specialised nutrition markets, while also implementing technologies that reduce greenhouse gas emissions, in alignment with the Promoter's decarbonisation objectives.

The aim is to upgrade production lines and expand on-site storage capacity to manufacture UHT products for specialised nutrition markets, while also implement technologies that reduce greenhouse gas emissions, in alignment with the Promoter's decarbonisation objectives.

As stated on the company's website, the Lact’Union cooperative is the result of the merger in 2013 between the historical cooperatives VPM and Coop’Alliance.

Founded in 1943 and 1945 respectively, they have each played a part in the history of the Picardy dairy industry and in its post-war reconstruction. The difficult aftermath highlighted the importance of this raw material and encouraged producers to form a cooperative.

In 1992, the two cooperatives decided to join forces for the first time to create Orlait, a subsidiary specialising in the marketing of dairy products to hypermarkets and supermarkets.

Another important step was taken in 2011 when a joint holding company was created with the aim of holding 100% of the subsidiaries’ dairy activities. It was therefore only natural that Coop’Alliance and VPM merged in 2013 to become Lact’Union.

No project contacts provided at the time of disclosure.

Client - Groupe Lact'Union:

Address: Zone Industrielle, Route de Vauchelles – B.P. 90524 80143 Abbeville CEDEX, France
Phone: +33 (0)3 22 20 66 20
Fax: +33 (0)3 22 24 91 73
Email: contact@lactunion.com 
Website: https://lactunion.com/en/ 

ACCESS TO INFORMATION

You can submit an information request for project information at: https://www.eib.org/en/infocentre/registers/request-form/request-form-default.htm

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