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UGGC Avocats advises Bpifrance Investissement and the management company Mirova in their investments in the company Agronutris

Paris, October 13 2021 – UGGC Avocats, a leading business law firm, has advised Bpifrance Investissements and the sustainable investment management company Mirova[1], an affiliate of Natixis Investment Managers, in their support for Agronutris.

Agronutris is the first French biotechnology company specializing in the breeding and transformation of insects into proteins and has just raised €100 million from several investors.

Bpifrance finances companies – at every stage of their development – with credit, guarantees and equity. The SPI fund, managed by Bpifrance on behalf of the French government as part of the Future Investment Programme and the European Investment Bank (EIB), is designed to support the development of industrial projects that offer the greatest potential for activity and employment in the industrial sectors. It acts as a prudent equity investor in project companies carrying out industrialization projects selected on the basis of their growth potential, the industry’s current positioning and their contribution to the ecological and energy transition.

Mirova is a management company dedicated to sustainable investment. Through its conviction-based management, Mirova’s objective is to combine the search for long-term value creation with sustainable development. As pioneers in many areas of sustainable finance, Mirova’s talents are committed to continuing to innovate in order to offer their clients solutions with a strong environmental and social impact.

The UGGC Avocats team that accompanied Bpifrance was composed of :

Other advisors involved in the transaction

The team of Cabinet Goodwin which accompanied the investors in this transaction was composed of Anne-Charlotte Rivière (partner), Louis Taslé d’Héliand (partner), Julien-Pierre Tannoury (partner).

Simmons & Simmons advised the company on the debt.

 

 

 

About UGGC Avocats

Founded in 1993, UGGC Avocats is one of the leading independent business law firms in France. UGGC Avocats assists private and public operators. The firm has extensive expertise in legal and tax matters; through its teams and its “family office”, it offers a very large capacity of intervention in France and internationally (Europe, Africa, Asia and South America). UGGC Avocats is positioned as a “client firm” and its approach is based on its ability to mobilize multidisciplinary teams adapted to its clients’ needs. UGGC Avocats is composed of more than 150 lawyers, including 33 partners.

 

Media contacts

Marine Dahais mdahais@golinfrance.fr +33 7 60 54 00 25

Anne Da Silva Passos adasilvapassos@golinfrance.fr +33 7 60 53 99 28

 

[1] Mirova: Portfolio management company – Société Anonyme – RCS Paris n°394 648 216 – AMF approval n° GP 02-014 – 59, Avenue Pierre Mendes France – 75013 – Paris- Mirova is an affiliate of Natixis Investment Managers.