DGF (Distribution Gastronomie Formation) recently announced it has secured an investment of a total of EUR8m, through a funding session, in order to boost its growth. The injection of capital will allow the company to continue its development, with a particular focus on the export business. The group is already present in more than 80 countries.
The fundraising was exclusively attended by DGF’s historical shareholders, namely 21 Invest France, Amundi, Amundi Private Equity Funds and NCI.
“This contribution, complementary to the group’s current financial capabilities, will allow us to accelerate our ambitious development plan by new distribution sites and, possibly in new acquisitions in order to pursue our external growth strategy dynamic,” said Stéphane Corthier, president of DGF. He went on to state that his group has already made nine acquisitions over the last five years.
Founded in 1986, DGF is a leading integrated French company that activates in the distribution of bakery-pastry products and ingredients and services some 23,000 end clients. With 23 distribution centers in France, DGF has a turnover of EUR350m.