# Prova acquires industrial site in Montrichard, France

Prova SAS acquired an industrial site from Boiron Laboratories in Montrichard, France, to host flavor blending capabilities. The company also announced a €50 million ($55.2 million) investment plan over four to five years for modernization and expansion.

- Type: Acquisition
- Announced: 2022-03-17
- Where: Montrichard, Centre-Val de Loire, France
- Value: $55.2M (50.0M EUR)
- Status: announced
- Products: flavor blends, extracts, flavors
- Sectors: [Food Processing Equipment](https://endata.com/sectors/food-processing-equipment.md)

## Companies

- [Prova SAS](https://endata.com/companies/61681.md) (acquirer)
- [Boiron Laboratories](https://endata.com/companies/61682.md) (target)

## Sources

- [foodbusinessnews.net](https://www.foodbusinessnews.net/articles/20942-prova-acquires-industrial-site-in-france), 2022-03-17: "The company’s goal of being closer to its markets is driving an industrial investment plan that will see it spend €50 million ($55.2 million) over the next four to five years."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.