Valtris and Avril announce the signing of an exclusivity agreement for Avril’s proposed acquisition of the Champlor Renewables operations located in Baleycourt (Meuse, Grand Est region), specialized in rapeseed crushing, refining, and biodiesel production. Located in the heart of one of France’s main rapeseed-growing regions, the plant processes approximately 400,000 tons of seeds per year.

Valtris, will continue to own and operate its Specialty Chemical operations co-located at the same site. As an integral part of Valtris Functional Additives, the Baleycourt Valtris operations will continue to provide added-value sustainable solutions to polymer end-use applications in a variety of industries such as coatings, adhesives, sealants and functional fluids.

Avril’s acquisition of Champlor — whose activities lie at the heart of its core business and whose geographic location is highly complementary — will help secure its development.

This project remains subject to stakeholder consultation and approval by the competent competition authorities.

Simon MEDLEY, CEO Valtris Specialty Chemicals commented: “We are pleased to have found a strategic fit for the Rapeseed Processing Plant, which is in the best interests of our employees, customers and suppliers. This allows Valtris to focus on the core of its portfolio as a global leader in specialty performance additives.”

Jean-Philippe PUIG, CEO of Avril, commented: “I’m delighted by this project, which aligns both with our strategic priorities and our purpose: Serving the Earth. This acquisition has the potential to give us new capabilities to better address today’s challenges around food, decarbonization, and sovereignty, while continuing to fulfill our original mission of adding value to French agricultural production, in service of Ferme France.”

About Valtris

Valtris, headquartered in Independence, Ohio, is a global leader in specialty performance additives and precursors, offering innovative sustainable solutions and products to customers around the world. With strong technical expertise and best-in-class formulation capabilities, Valtris develops products that provide essential performance properties to polymer end-use applications in the coatings, adhesives and sealants, pharmaceuticals, oil and gas, lubricant, and functional fluid industries. The Company operates seven manufacturing locations and employs approximately 600 people across North America, Europe and Asia.

For more information, please visit www.valtris.com.

About Avril

5th largest agri-food group in France, Avril is the industrial and financial leader in the French vegetable oil and protein sector. Created by the agricultural world, the Group develops innovative, healthy and sustainable solutions to feed people and animals, and accelerate the decarbonization of the planet. Its purpose, Serving the Earth, guides its actions, in line with its ambition to become by 2030 the leader in plant transformation, serving the agricultural, food and environmental transitions.

In addition to its historic role as an investor, the Group is now a manufacturer firmly rooted in plant processing, from seed to processed product. Active in human food, animal nutrition and expertise, renewable energies and green chemistry, it deploys a portfolio of activities that are all leaders in their markets. Strengthened by this link with the French farm, Avril has based its growth for over 40 years on a unique value-creation model: it reinvests all its profits in the dynamics of the sectors and its development in France and abroad.

Present in 18 countries with nearly 8,400 employees at 82 industrial sites and sales offices, Avril achieved sales of 7.7 billion euros in 2024.

To find out more: avril.com | Twitter @Avril_eng | LinkedIn Avril