EIB backs Lact'Union with €50m loan for 2026–2029 industrial upgrades

Key highlights
  • EIB grants a €50 million loan to Lactinov Services SAS (100% Lact’Union subsidiary) for a 2026–2029 investment programme.
  • Financing, backed by an InvestEU guarantee, targets Abbeville and Braine sites to expand capacity, renew installations and cut CO2 emissions.
  • Project aims to improve product mix, adopt new technologies, boost food‑safety and information‑system protection, and move into liquid nutritional products.
  • EIB links this to broader support for agriculture and the bioeconomy, following a €3bn intermediated envelope launched end‑2024 and nearly €15bn financed in 2024–25.

Loan and beneficiary

The European Investment Bank grants a €50 million loan to Lactinov Services SAS, a 100% subsidiary of the Lact’Union cooperative, to finance an investment programme running 2026–2029 aimed at improving the product mix, accessing new technologies and decarbonising dairy production.

Scope and operational targets

Financing will support industrial investments at the Abbeville and Braine sites to increase production capacities, renew installations, improve industrial performance, strengthen food‑safety measures and protection of information systems, and accelerate the reduction of CO2 emissions linked to manufacturing processes. The project also seeks to strengthen Lact’Union’s positioning on higher value‑added segments, notably liquid nutritional products.

Guarantee and strategic context

The operation benefits from a guarantee provided by the InvestEU programme. It forms part of national reindustrialisation and food‑autonomy efforts and aligns with EU objectives for territorial cohesion, climate action and sustainable agriculture.

EIB programme links

The EIB describes the contribution as part of its expanded support for the agricultural sector and the bioeconomy: at end‑2024 it launched a pan‑European €3 billion intermediated envelope intended to mobilise €8.4 billion in investments, and the Bank reports nearly €15 billion in financing for agriculture and the bioeconomy across 2024–2025.

Source: European Commission

Project timeline

Announced / Concept
2024-09
FID / Sanctioned
2026-06
Under Construction
2027
Operational / Completed
2029
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