Particle.news
Download on the App Store
16 ARTICLES
·
last mo.

Duralex Crowdfunding Overshoots Target Within Hours as Public Pledges Top €15 Million

The employee-owned glassmaker seeks to stabilize its turnaround by using the capped raise to modernize its plant, though breakeven sales must still be reached for a durable recovery.

Image
La société de verrerie française, Duralex, lance une campagne de financement participatif ce 3 novembre pour récolter 5 millions d'euros d'ici la fin de l'année.
Confection d’un verre à l’usine Duralex de La Chapelle-Saint-Mesmin le 15 avril 2025. L’entreprise ouvre ce lundi 3 novembre un financement participatif pour relancer l’activité.
En vingt-quatre heures, l'entreprise Duralex a récolté plus de quinze millions d'euros pour sa levée de fonds, lancée lundi 3 novembre. Cela dépasse toutes les attentes des salariés qui avaient repris l'entreprise il y a un an.

Overview

  • Duralex opened a public offering on Lita.co on November 3, hitting its €5 million target within hours and drawing well over €15 million in nonbinding pledges.
  • Individual investors can subscribe from €100 in participatory notes paying a stated 8% annually over seven years with a 18% first-year tax deduction, but with funds locked and no voting rights.
  • The operation is capped at €5 million for this offer and reservations must be formally confirmed before funds are collected, with allocations on a first-come, first-served basis.
  • Proceeds are earmarked for factory upgrades, new molds and packaging, and the launch of new product lines, which the company says have been absent since 1997.
  • Reborn as a worker cooperative in 2024, Duralex has already secured roughly €10 million via loans and a sale‑leaseback but says it still needs sales of about €35–36 million to break even versus ~€32–33 million expected in 2025.