Particle.news
Download on the App Store

Duralex Opens Public Crowdfunding to Close €5 Million Gap for Factory Relaunch

The worker-run glassmaker offers tax relief with an 8% fixed yield to speed investment in tooling that would secure the plant’s future.

Overview

  • The campaign went live on November 3 on impact-investing platform Lita.co to raise the remaining €5 million needed for the La Chapelle-Saint-Mesmin site.
  • Individuals can invest from €100 to €5 million, receive an 18% first-year tax reduction, and earn 8% annually for seven years with capital repaid at term.
  • Duralex says the funds will finance new molds, equipment modernization, and the first new product collections since 1997 to restore competitiveness.
  • Management reports roughly €30 million in 2025 revenue, targets €34 million in 2026 and €36 million in 2027, and identifies self-sufficiency near €35 million.
  • Subscriptions run through November 15, extendable to December 15 if needed, after 14,800 people pre-registered interest ahead of launch.