NATIXIS PARTNERS ADVISED GROUPE SALINS ON A SENIOR FINANCING TO REFINANCE ITS DEBT AND SUPPORT A NEW PHASE OF DEVELOPMENT

With over 150 years of history, Groupe Salins is the leading salt company in France and one of the European leaders, particularly known for its brand "La Baleine," the top table salt brand in France. Commercially active in over 70 countries, the group sells salt to a wide variety of industries. After two significant acquisitions in 2021, the Group continues its growth and is set to expand into a new sector through its subsidiary Selectron: renewable energies. Salins du Midi aims to complement the use of its vast landholdings by developing renewable energy projects with various objectives (self-consumption of electricity, electricity injection into the grid, hydrogen storage, etc.). The Group will rely on expert partners such as the Compagnie Nationale du Rhône, with which a strategic energy partnership was concluded in October 2023. The new financing takes the form of bank debt arranged with the Group's historical banking partners as well as new relationship banks: CIC Est (Agent), LCL (ESG Coordinator), BNP Paribas, Société Générale, Banque Populaire Rives de Paris, BRED Banque Populaire, Caisse d'Epargne Ile de France, Banque Populaire du Sud, Caisse d'Epargne Languedoc-Roussillon and Arkéa. This banking pool also provides the Group with a Capex line as part of its regular acquisition policy, along with a revolving credit facility for operational needs.