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Signature(s)

Amount
€ 76,962,544.89
Countries
Sector(s)
France : € 76,962,544.89
Industry : € 76,962,544.89
Signature date(s)
25/07/2017 : € 76,962,544.89
Link to source

Summary sheet

Release date
11 May 2017
Status
Reference
Signed | 25/07/2017
20170188
Project name
Promoter - financial intermediary
FRENCH ANIMAL HEALTH R&D INVESTMENTS
VIRBAC SA
Proposed EIB finance (Approximate amount)
Total cost (Approximate amount)
EUR 77 million
EUR 250 million
Location
Sector(s)
Description
Objectives

Investment to support research and development (R&D) for a robust portfolio of next-generation innovative products, addressing global animal health issues, to support Virbac's organic growth and international expansion. The project will be largely coordinated and implemented at the company's French R&D sites.

The project will support the long-term innovation-driven organic growth of the company while enlarging its product portfolio, strengthening its competitive edge and scaling up market share as global player.

Environmental aspects
Procurement

All project activities are expected to be carried out in existing facilities and laboratories without changing their already authorised scope and would therefore not require an environmental impact assessment (EIA) under Directive 2011/92/EU, as amended. Nevertheless, the Bank's services will review during the project appraisal whether any of the investments requires an EIA, as well as any other environmental details of the project.

The promoter has been assessed by the EIB as being a private company not operating in the utilities sector and not having the status of a contracting entity, thus not subject to EU rules on public procurement.

Link to source

Disclaimer

Before financing approval by the Board of Directors, and before loan signature, projects are under appraisal and negotiation. The information and data provided on this page are therefore indicative.
They are provided for transparency purposes only and cannot be considered to represent official EIB policy (see also the Explanatory notes).

Documents

Environmental and Social Data Sheet (ESDS) - FRENCH ANIMAL HEALTH R&D INVESTMENTS
Publication Date
12 Sep 2017
Document language
Main Topic
Lending
Document Number
76124015
Document Focus
Environmental Information
Project Number
20170188
Sector(s)
Regions
Countries
Publicly available
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Enquiries and comments concerning the EIB’s involvement in a project or the financing facilities, activities, organisation and objectives of the EIB, can be sent to the EIB Infodesk.
Alternatively, the EIB can be contacted through its external offices.
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The EIB has a zero tolerance policy on fraud or corruption. To report allegations of fraud and corruption relating to EIB-financed projects, please contact the Fraud and Investigation division. All complaints will be treated as strictly confidential and handled in line with the EIB investigation procedures and the Anti-Fraud Policy.

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