Crédit Agricole participates in Sofiprotéol capital increase
Crédit Agricole S.A., through IDIA, contributed €30 million of the €100 million capital increase and fundraising round for Avril's finance company subsidiary Sofiprotéol. This operation provides Sofiprotéol with significant resources to carry out its mission to support agrifood-sector businesses. It also makes it possible to bolster its long-term partnership with IDIA, evidenced by their many joint holdings. This confirms Crédit Agricole's desire to be a major participant in providing support for agrifood businesses and to encourage the emergence of French best-of-breed players in this domain.