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Florentaise initiates the partial sale of Terreaux France Grand Public
Florentaise, the French leader in low-carbon potting soil, has announced the launch of a partial sale of its "Terreaux France Grand Public" business. This strategic move is part of a continuation plan designed to strengthen the company's financial stability.
The sale includes four production sites in France, aimed at reducing the company's debt and refocusing its operations on its high-growth potential businesses. This initiative is accompanied by the appointment of Yann-Eric Petit as Chief Operating Officer, responsible for leading this transition.
Florentaise, which continues to innovate in the potting soil sector, hopes to unlock the value of its other market segments, particularly internationally, in China, Europe and the United States.
R. P.
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