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French flavourings company Prova is set to open its first factory outside of France, in Thailand, as well as a second French factory in Montrichard, Loir-et-Cher. Prova, a specialist in the extraction of vanilla, cocoa and coffee for the agri-food industry, has revealed plans to invest a total of €50 million into its production facilities as it seeks to continue its international expansion. The company currently has a presence in 70 countries, with exports accounting for 75% of its turnover which hit €110 million in 2023. Its investment into its factories aims to support its ambitions for growth, particularly in China and the USA. Located in Bangkok, the 5,000-square-metre Thailand factory has received a €15 million investment from Prova. It is set to open in June and will make aromatic products intended for the regional market. Muriel Acat, president of Prova, said: “We have strong ambitions for development in the Asia-Pacific region and particularly in the Chinese market. It was essential for us to move closer to our customers. Thanks to this factory in Bangkok, we’ll be developing new flavours tailored to Asian cultures and we’ll drastically reduce our delivery times.” Prova has also invested €15 million into the new 9,000-square-metre French site, which currently makes vanilla and coffee extracts and packages vanilla pods intended for food industry professionals. It will also gradually incorporate extraction and flavour-mixing operations for the agri-food industry. The factory will reinforce its industrial facilities in the Centre-Val de Loire region, where it employs over 155 people out of the business’ 375 employees. Other investments will follow, with the company planning to expand and modernise its longstanding factory in Autruy-sur-Juine, Loiret.

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FoodBev Media

FoodBev Media

24 May 2024

Prova opens new factories in Thailand and France

Prova opens new factories in Thailand and France
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