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Duralex Crowdfunding Surge Tops €5 Million Within Hours as Campaign Opens

Management cautions that capital is at risk unless sales reach roughly €35–36 million a year.

Overview

  • The employee-owned glassmaker opened a Lita.co fundraising drive on November 3 to close a €5 million gap for factory upgrades and new product lines, with subscriptions open through November 15 and extendable to December 15.
  • By early afternoon on launch day, the company reported about €5.8 million in pledges and nearly 7,000 reservation commitments, noting these promises must be finalized.
  • Proceeds are earmarked for new molds, machinery and collections to modernize the La Chapelle-Saint-Mesmin site and increase capacity and margins.
  • Individuals can invest from €100 via non-voting titres participatifs offering 8% annual remuneration over seven years and an 18% first-year tax reduction, with funds locked for seven years.
  • After an employee-led takeover in 2024 and roughly €10 million already secured through a €4 million loan and a sale-leaseback with Orléans Métropole, the firm says crossing about €35 million in annual revenue is needed for financial equilibrium.