Lactinov Services, a subsidiary of French dairy cooperative Lact’Union has gained a €50 million grant for its project to modernise production facilities in France by upgrading production lines and expanding on-site storage capacity to enable the manufacture of UHT products for specialised nutrition markets, while also implementing technologies that reduce greenhouse gas emissions, in alignment with the company’s decarbonisation objectives, over the 2026-2029 period. 

The project is in line with the InvestEU objective of sustainable agriculture, the European Investment Bank (EIB) notes. The operation will finance the expansion and modernisation of the mid-cap dairy cooperative, allowing it to cut carbon emissions. As a result of the investment, the cooperative will be able to produce higher-value dairy products for infant, sports and medical nutrition markets. This will strengthen its competitive position in a sector dominated by large players, while creating jobs and supporting the rural economy of a transitional region of France (Abbeville and Braine).  

The project aligns with the objectives of the Green Deal, the CAP Strategic Plans for the country, the Clean Industrial Deal, RePowerEU and TechEU.  

The EIB’s financial contribution includes a sizeable loan with a long maturity and availability period for disbursement, which aligns with the investment program’s timeline and exceeds current private market offerings.