Turnover: 239.4 million EUR (2022)
Country: France
Family-owned agri-food company producing grocery products, frozen ready meals, delicatessen and pastry products, bakery products
1500 employees
News
Terrena: Terrena cooperative to take over Tipiak 30/10/2023
- The Terrena cooperative group is in exclusive negotiations to acquire Tipiak.
- Terrena is expected to acquire 77.95% of Tipiak's capital.
- The total value of Tipiak is 80.4 million euros.
- Tipiak posted sales of 239.4 million euros last year, an increase of 13.4%.
- Tipiak employs 1,500 people in 7 plants in France.
- Terrena achieved sales of 5.4 billion euros in 2022, up 8%.
- Terrena has 20,117 member farms and 12,366 employees.
Tipiak to be taken over by the Terrena group 28/10/2023
- Tipiak is 70% owned by the Billard and Groult founding families, with 4% held in treasury.
- Tipiak has been listed on the secondary market of Euronext Paris since 1988.
- Tipiak employs 1,500 people and operates seven industrial sites in France.
- Tipiak's market capitalization has risen to over €60 million, compared with €49 million at December 30, 2022.
- Tipiak's sales for fiscal year 2022 increased by 13.4% to 239.4 million euros.
- Tipiak's foreign sales accounted for 25% of sales, up 43.8%.
- Sales in the refrigeration division, which accounted for 65% of sales, rose by 17%.
- Sales in the dry sector, which account for 35% of sales, rose by 7.4%.
- Tipiak's consolidated net income in 2022 is 4.1 million euros, up 2.5%.
Tipiak up for sale? 08/10/2023
- Tipiak is 70% owned by the Billard and Groult founding families
- Tipiak has been listed on the Second Marché of Euronext Paris since 1988
- Its capitalization has risen to over €60 million, compared with €49 million at December 30, 2022
- Tipiak's fiscal year 2022 closed with sales up 13.4% to €239.4 million (of which 71% under the Tipiak brand)
- International sales accounted for 25% of sales (with growth of 43.8%)
- Sales in the cold sector account for 65% of total sales (with growth of 17%), and sales in the dry sector for 35% (with growth of 7.4%)
- Tipiak employs 1,500 people and operates seven industrial sites in France.
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