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Duralex Opens Public Share Offer in November to Raise €5 Million

The employee-owned glassmaker turns to small investors with a structured offer to finance a production line for its Martin-Pouret partnership.

Overview

  • The Scop will invite French residents to subscribe for equity in November with a €5 million target.
  • The offer starts at €100, pays 8% per year, locks funds for seven years, and provides an 18% income tax reduction.
  • Proceeds are earmarked for a new production line tied to a Martin-Pouret range, with additional product launches planned.
  • The fundraising seeks to fill the €5 million shortfall from the €15 million recapitalisation planned at the 2024 employee takeover.
  • Management says break-even requires €35 million in annual revenue by 2027, up from just over €30 million now, with the appeal framed as helping safeguard roughly 240 jobs.