SILL INFANT MILK AND RDI INVESTMENT

Promoter – Financial Intermediary

SAS SILL ENTREPRISES

Location

• France

Description

The project consists of investments in the company's research, development and innovation (RDI) as well as in a new infant milk production facility.

Objectives

The investments will allow the company, an innovative mid-cap, to expand and diversify its business, as well as to accelerate and further mobilise RDI investments, thus promoting the sustainability of the promoter active in agriculture and bioeconomy.

Sector(s)

• Industry - Manufacturing

Proposed EIB finance (Approximate amount)

EUR 40 million

Total cost (Approximate amount)

EUR 105 million

Environmental aspects

The status and details of the Environmental Impact Assessment (EIA) Directive 2014/52/EU (amending 2011/92/EU) and Industrial Emissions Directive (IED) authorisation procedures, public consultations, as well as other relevant environmental (e.g. impact on sites of nature conservation) and occupational health and safety "acquis" will be assessed at the appraisal.

Procurement

The promoter has been assessed by the EIB as a private company not subject to EU rules on public procurement or concessions. However, if after the project appraisal, the EIB were to conclude that the promoter is after all subject to the EU public procurement legislation Directive 2014/24/EU, then the Bank would require the promoter to ensure that contracts for the implementation of the project will be tendered in accordance with the relevant applicable EU procurement legislation Directive 2014/24/EU, where applicable, as well as Directive 89/665/EEC as interpreted by the Court of Justice of the European Union, with the publication of tender notices in the Official Journal of the European Union, as and where required.

Status

Signed - 30/01/2019