Sale of Biossent by Maison Boinaud to TFF Group
Largillière Finance advises Biossent (Maison Boinaud) on the sale of its subsidiary Biossent to TFF Group
Investment bank Largillière Finance has advised the family shareholders of Maison Boinaud, an historic spirits producer since the 17th century, on their sale of their subsidiary Biossent to TFF GROUP, listed on the Euronext Stock Exchange (Euronext ISIN : FR0013295789)
Maison Boinaud is a family group established since the 17th century in the heart of Grande Champagne (Cognac), and managed by Charles and Rémi Boinaud, in the 24th generation. Its 420-hectare vineyard is the largest family estate in the region.
Founded in 1989 by Maison Boinaud, Biossent extracts active principles from oak wood and vines for the ageing of wines and spirits [through its two brands Boisé Sélection for spirits and Oenotan Sélection for wine].
Thanks to its outstanding mastery of the production process, Biossent has acquired a strong reputation that enables it to serve 110 customers in 15 countries, including the United States, on all 5 continents. Exports now account for 60% of sales. Wishing to refocus on spirits, Maison Boinaud decided to transfer Biossent to a company able to capitalize on its assets and support it in an ambitious growth project, and appointed Largillière Finance.
TFF Group has grown from the historic business of Tonnellerie François Frères to become the international leader in the design, production and marketing of oak barrels for the production of top-of-the-range wines and the ageing of spirits. The group, listed on Euronext, is run by the 4th generation. It has 1300 employees worldwide. With the acquisition of Biossent, TFF Group strengthens its position in the dynamic sector of wood products for oenology, and broadens its offer.
2023
Largillière Finance Experts
- Paul Bougnoux
- Nathanaël Blanc
Counterpart
We would like to thank Largillière Finance for successfully carrying out this transaction between family-run companies, deploying exceptional know-how to adapt to our specific issues. We are particularly confident in TFF Group’s ability to keep Biossent growing and progressing, while respecting the quality of its offer, its artisanal culture and its human values.
Charles Boinaud
CEO of Maison Boinaud
Largillière Finance’s mission is to support Family Groups and their shareholders in their strategic thinking and operations over the long term. In this respect, the Biossent-TFF Group deal, which creates value for all parties involved, is an excellent example of the bank’s DNA and expertise.
Paul Bougnoux
CEO and founder of Largillière Finance
Solidly rooted in its local area, Biossent has build up an expertise recognized throughout the world. We are delighted to accompany the Boinaud family in the sale of this company to a buyer such as TFF Group, which embodies French know-how on an international scale.
Nathanaël Blanc
Director at Largillière Finance
Largillière Finance, the independent M&A advisor for growth companies
As an independent specialist in mid-cap transactions, Largillière Finance advises executives and shareholders on their capital transactions, including disposals, acquisitions, LBOs, financing solutions (equity and/or debt), financial engineering (valuation, etc.) and financial strategy advisory.
With more than 45 investment bankers and professionals, a strong presence in Paris, across the French regions (Bordeaux, Lyon, Nantes) and internationally, Largillière Finance has completed nearly 400 transactions and established itself as a leading market player.
Largillière Finance is a member of REACH Cross-Border M&A, a global M&A advisory network specialized in the mid-market segment, bringing together more than 400 investment bankers across major financial centers in over 30 countries.
