Turnover: 2.5 million EUR (2021)

Country: France

  • Teract is the listed subsidiary of the Invivo group, which brings together the group's gardening brands (Jardiland, Delbard, Gamm Vert, Noa) and fresh produce brands (Boulangerie Louise, Grand Marché, Frais d'ici, Bio&co, etc.)
  • 5400 employees
  • 1700 points of sale
  • 9 banners
  • 2.5 billion in sales with affiliates
  • the company's sales are around €1 billion.
  • Distribution of stores by brand:
    • 180 Jardiland
    • 1160 Gamm Vert
    • 240 Delbard and "Jardinerie du Territoire
    • 130 Boulangeries Louises

News

Teract annual results 19/10/2023

  • Teract annual sales for fiscal year 2022-2023: 902.1 million euros.
  • Change in annual sales: increase of 10.9%.
  • Garden center/animal sales: 808.6 million euros, up 1.7% on a reported basis and down 1.8% on a like-for-like basis.
  • Food sector sales: €93.5 million, versus €18.8 million a year earlier.
  • Teract's objective for 2023-2024 is to grow its sales volume, focusing on developing the bakery-snacking market and accelerating the franchising and own-brand model in garden centers.

Teract: weather impacts gardening and pet supplies business 31/07/2023

  • Teract sales for the 2022-2023 financial year: 902.3 million euros, up 10.9% on a reported basis but down 1.9% on a like-for-like basis.
  • Consolidated sales for the Gardening/Pets sector for the 2022-2023 financial year: 813 million euros, up 2.3% on a reported basis and down 1.8% on a like-for-like basis.
  • Teract's own-brand penetration rate has increased by 5 points compared with June 30, 2022 (20.6% of integrated store sales at June 30, 2023).
  • Consolidated Food Sector sales for the 2022-2023 financial year: 89.3 million euros.
  • The number of Teract Group stores at June 30, 2023 was 1,714.

Retail: Casino and Teract enter into exclusive negotiations 10/03/2023

  • Project to create two separate entities.
  • The first, controlled by Casino, would bring together the country's retail activities. Casino would bring to the new entity "more than 9,100 stores", while Teract would contribute its "know-how and expertise in the operation of garden centers, pet shops and food stores".
  • The second, called "Teract Ferme France", will be controlled by InVivo, the majority shareholder of nearly 190 agricultural cooperatives, and will be responsible for supplying local, short-circuit agricultural products.

Independent bakers struggle to stem chain growth 12/12/2022

  • France has 33,000 artisan bakeries, up from 55,000 in 1970
  • 6 billion baguettes leave French bakeries every year
  • Boulangeries Louise network taken over by Invivo (Teract)
  • Laurent Menissez retained a quarter of Louise's capital: 129 bakeries, 1,500 employees and sales of 88 million euros in 2021

Teract takes over Louise bakeries 05/12/2022

  • Boulangerie Louise ,1,500 employees,129 artisan bakeries, leading player in artisan bakery in northern and north-western France, third national network
  • Sales of €88m by the end of 2021
  • Teract aims to make Boulangerie Louise a national leader in artisan bakeries
  • Tereact also includes garden centers and product stores belonging to the Invivo group (Gamm Vert, Jardiland, Delbard)

Financial Data

DUNS: 889017018

Legal Name: TERACT

Address: 83 AV LA GRANDE ARMEE , 75116 PARIS 16

Number of employees: 0 salarié (2022)

Capital: 944 013 EUR


Financial Data:

Year 2020
Turnover -
Gross margin (€) -
EBITDA (€) -19 073
Operating profit (€) -19 073
Net profit (€) -19 073
Turnover growth rate (%) -
Ebitda margin rate (%) -
Operating margin rate (%) -
Working Capital (turnover days) -
Working Capital requirements (turnover days) -
Net margin (%) -
Added value / Turnover (%) -
Wages and social charges (€) -
Salaries / Turnover (%) -

Company Managers:

Position First Name Last Name Age Linkedin
Président du conseil d'administration Thierry Blandinières 63
Directeur général Moez-Alexandre Zouari 53
Administrateur Cédric Carpène 50
Administrateur Bertrand Hernu 55
Administrateur Bertrand Relave 55
Administrateur Maha Al Bukhari 54
Administrateur Ewa Radecka 63
Administrateur Marie-Amélie Jacquet 46

Studies mentioning this company

The gardening market - Belgium

Other companies mentioned:

The bakery and pastry market - France

Other companies mentioned:

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