ProNoïa, major franchise partner of the KFC brand in France, is financed to the tune of €85 million to accelerate its development
Target | ProNoïa |
Deal Type | Debt & Equity Financing |
Buyer | Cerea Partners |
Territory | France |
Transaction Description | ProNoïa, whose head office is located in Pau (64), has, at the end of January 2023, 26 KFC restaurants in the South-West, Ile-de-France and Centre-East region, a number that has been growing strongly for 2 years, with the opening of about fifteen restaurants since mid-2021. The growth of the KFC brand and the ProNoïa group is accompanied by the development of an ambitious CSR approach, focused in particular on reducing the carbon footprint in compliance with the Paris agreements, animal welfare with the signing of the European Chicken Commitment, eco-design of packaging, improving the nutritional qualities of recipes and employee well-being at work. This new phase of ProNoïa’s expansion represents a target of opening more than 33 restaurants by 2025. Pierre Tritz, CEO de ProNoïa : ProNoïa was able to surround itself with the best advisors, the best financing players, to finance an ambitious development plan and contribute to the influence of the KFC brand in France. Beyond the purely financial aspect, we have managed to share values and a project that aspires to take our share of societal and environmental commitments that characterize sustainable growth. |
Industry Sector | Consumer & Retail |
ICFG Office | Paris |
ProNoïa, major franchise partner of the KFC brand in France, is financed to the tune of €85 million to accelerate its development
Societex CF / ICFG France was commissioned exclusively by ProNoïa to assist it in structuring the transaction and seeking financial investors to ensure the continuity of its development in France.