Type
Business expansion
Country
France
Region
Méditerranée; Languedoc-Roussillon; Hérault
Location of affected unit(s)
Teyran
Sector
Manufacturing
Manufacture Of Food And Beverage
Manufacture Of Food Products
10 - Manufacture of food products

100 jobs
Number of planned job creations
Job creation
Announcement Date
15 June 2022
Employment effect (start)
15 June 2022
Foreseen end date
31 December 2024

Description

The manufacturer of food supplements Dynveo has raised €5 million to recruit 100 employees by 2025 and double its production capacity in three years. The company, located in Teyran near Montpellier (Hérault), is specialised in the manufacture of natural products, without excipients or additives. Dynveo's ambition is to create new technologies for the production of biosourced active ingredients, based on patents developed with the University of Toulouse White Biotechnology. It plans to industrialise these processes.

Dynveo was founded in 2010 and currently employs 50 people in France.


Sources

Citation

Eurofound (2022), Dynveo, Business expansion in France, factsheet number 106987, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/106987.