Axereal

What Axereal does

Axereal is a French agricultural and agri-food cooperative group headquartered in Olivet, near Orléans, owned by approximately 11,000 farmer members and employing 3,000+ collaborators. The group collects and commercializes cereals and oilseed crops in France and internationally, transforming a portion through industrial facilities into flour (Axiane Meunerie) and malt (Boortmalt, the world's largest maltster). Operations span 15-16 countries across Europe, North America, South America, Africa, and Oceania, generating €3,318M of turnover in FY2024-2025 with €188M of EBITDA. Beyond grain collection and processing, the group operates agricultural supplies (Agri Négoce), viticulture (Ax'Vigne), a craft brewery (Brasserie de Chambord, opened February 2025), and a plant protein joint venture (Intact, with a factory under commissioning in Baule, Loiret).

Core technology centers on industrial grain processing and increasingly on resource-efficient operations: Optisteep water-efficient steeping technology (developed with Water IQ, reducing water consumption by up to 40% in deployed maltings and made available as open source), reverse osmosis water recycling at the Antwerp malting facility (reducing drinking water use by 50%), and a proprietary dry extraction process for plant protein from legumes via the Intact JV. Sustainability infrastructure includes the CultivUp Régénératif regenerative agriculture program (1,600 farmers across 200,000 hectares, targeting 3,000 by 2030), the Arpège R&D consortium financed under France 2030, and SBTi-validated 1.5°C-aligned decarbonation targets (42% Scope 1+2 reduction and 30% Scope 3 FLAG reduction by 2030).

Revenue is generated primarily through commodity-based transactions and unit pricing across diversified channels: direct grain collection from farmer-members (transaction fees tied to commodity prices), B2B malt sales to global brewing customers through Boortmalt's worldwide network, B2B flour supply to industrial bakeries via Axiane Meunerie, agro-supplies to members (multi-year contracts under the OSER program), and emerging plant protein revenue through the Intact JV. The go-to-market is sales-led with regional technical sales teams supporting farmer-members, complemented by direct industrial supply chains and internal logistics (Axereal Services, managing 260,000+ transport lines). Pricing is quote-based and fluctuates with commodity exchanges and harvest quality.

Name

Axereal

Legal name

SCA Axéréal - Société coopérative agricole à capital variable

Website

https://axereal.com

Company type

Private

Founded year

2014

Operating status

Operating

Headcount range

1,001–5,000 employees

Short description

Axereal is a French agricultural cooperative of 11,000 farmer members that collects and trades cereals globally and processes them through Boortmalt (world's largest maltster), Axiane Meunerie flour milling, Agri Négoce supplies, and the Intact plant protein joint venture across 15-16 countries.

Ownership category

akta.pro rank

Product category

Agricultural Cooperative Grain Collection and Processing

NAICS

Flour Milling and Malt Manufacturing (31121), Malt Manufacturing (311213), Oilseed and Grain Combination Farming (111191)

SIC

Grain Mill Products (2040), Food And Kindred Products (2000), Agricultural Production-Crops (100)

akta.pro primary industry

Malting Barley Production (Brewing/Distilling Supply) (AFAGAAAJ)

akta.pro secondary industry

Biorefinery Technology & Contract Processing (fractionation, tolling, scale-up) (IMAMALAL)

Keywords

• Grain collection services
• Malt production
• Flour milling
• Agricultural cooperative
• Plant protein processing

Headquarters

HQ city

Orléans

HQ country

France

HQ region

Europe

Offices6 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Supply Chain, Operations, Infrastructure, Personnel, Technology or R&D, Marketing or Sales

Revenue model

1. Grain Collection and Trading: Core business collecting and commercializing cereals and oilseed crops from 11,000 farmer members in France and internationally. Revenue generated from commodity trading of agricultural raw materials.
2. Malt Production and Sales (Boortmalt): Global malt production through Boortmalt subsidiary serving brewing industry customers worldwide. Revenue from malt product sales with processing facilities across Europe, Australia, and other regions.
3. Flour and Milling (Axiane Meunerie): Industrial flour production through Axiane Meunerie subsidiary, processing grains into flour for bakery and food industry customers.
4. Agricultural Supplies and Services: Sale of agro-supplies including fertilizers, crop protection products, and seeds to farmer members. Part of the OSER transformation program with simplified offerings and rationalized product ranges.
5. Plant Protein (Intact): Processing of pulse/legume crops into plant protein products through Intact joint venture. Factory under commissioning in Baule (Loiret) for low-carbon alcohol and vegetable protein production.

Pricing tiers

Go-to-market motion2 records

Distribution channels4 records

Marketing channels6 records

Core offering

Axereal is an agricultural and agri-food cooperative group that collects and commercializes cereals and oilseed crops from its 11,000 farmer members in France and internationally. A portion of the collected grain is transformed through its industrial facilities into flour (via Axiane Meunerie) and malt (via Boortmalt, the world's largest maltster) for the brewing and food industries. The group also operates agricultural supplies, viticulture, plant protein processing (Intact), and craft brewing (Brasserie de Chambord) businesses.

Product overview

Axéréal is an agricultural and agri-food cooperative group operating as a platform-plus-subsidiaries model. The group centers on its 11,000 farmer-members and encompasses grain collection and commercialization, with downstream processing through two main subsidiaries: Boortmalt (malting operations serving the global brewing industry) and Axiane Meunerie (flour milling for the bakery sector). Additional operations include Agri Négoce (agricultural supplies), Ax'Vigne (viticulture), and the recently launched Brasserie de Chambord (craft brewery). The group also partners with Intact for plant protein processing. Axéréal's digital presence includes platforms like Axereal.pro and Axhome for internal operations.

Differentiator

Problem solved

Functional benefit

Brands

• CultivUp Régénératif: Sustainable agriculture program supporting farmers in evolving their practices, reducing carbon footprints, and securing their channels with 1,600 committed farmers and 500 in low-carbon programs.
• Ax Nutrition
• Brasserie de Chambord
• OSER

Products and services

• Boortmalt Malt Products
• Axiane Meunerie Flour Products
• Agri Négoce Agricultural Supplies
• Ax'Vigne Viticulture Supplies
• Brasserie de Chambord Craft Beer
• Intact Plant Protein Products
• Axereal.pro Digital Platform
• Ax Nutrition

Quantifiable outcome

• 42% reduction in absolute Scope 1 and 2 emissions by 2030 (vs 2021 baseline)
• +6 more outcomes

Named customers4 records

Segments4 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Partnerships

Four partnerships are on record, tiered core and minor.

• IntactcoreStrategic or Co-development Partner · 1 January 2024Joint venture partnership for plant protein production from legumes. Axereal is a key partner in Intact, whose factory in Baule (Loiret) produces low-carbon alcohol and vegetable protein using a proprietary dry extraction process requiring minimal water. This partnership supports the plant protein channel development and enables introduction of legumes in crop rotations through CultivUp Régénératif.
• Water IQcoreTechnology or Integration · 1 January 2024Technology partnership for Optisteep steeping technology development. Water IQ collaborated with Boortmalt to develop the water-efficient malt steeping solution that reduces water consumption by up to 40%. The technology is open source and freely available.
• Arpège Project Partners (FertiBerry Semences, Genesis, Axa Climate, Medinbio, Hommes et Territoires, Terres Inovia, UniLaSalle)coreStrategic or Co-development Partner · 1 January 2024Multi-partner R&D consortium for the Arpège project focused on optimizing production potential and environmental benefits of low-carbon, low-input crops (protein peas, soybeans, sorghum, lentils, buckwheat). Partners include seed companies, climate specialists, agricultural research institutions, and universities.
• EducapCityminorGTM or Marketing Partner · 1 January 2024Official partnership with EducapCity initiative backed by wheelchair rugby champion Ryadh Sallem. Axereal sponsors educational challenge events promoting teamwork, skill-sharing, optimism, and youth support. Partnership aims to communicate enthusiasm for careers in agriculture and food industry.

Scale indicators10 records

Recent moves10 records

Expansion highlights6 records

Direct peers

• InVivo: France's largest agricultural cooperative union with grain collection, agricultural supply, and processing activities (now including Soufflet). Directly comparable as a French farmer-owned grain cooperative with collection, inputs, and downstream processing.
• Tereos: French agricultural cooperative specialized in sugar, ethanol, and starch from beet and cereals. Comparable as a major French farmer-owned cooperative with downstream industrial processing of agricultural commodities into food and ingredient products.
• Malteurop: One of the world's largest maltsters (subsidiary of Viterra/Bunge). Direct competitor to Boortmalt in global malt production, serving similar brewing customers with comparable production processes and geographic footprint.
• Soufflet Group: Major French agricultural cooperative (now owned by InVivo) collecting cereals and operating a malt division (Soufflet Malt). Directly comparable as a French grain cooperative with vertically integrated collection and malting operations serving the brewing industry.
• Axéréal Meunerie (Axiane Meunerie competitor): Nutrixo (formerly Grands Moulins de Paris) is a major French industrial flour miller. Direct competitor to Axiane Meunerie in supplying flour to French bakeries and food manufacturers with comparable product specifications and customer base.

Broad incumbents

• Cargill: World's largest privately held agricultural commodity trader and processor. Comparable as a global grain collector/processor with downstream food ingredient operations, though at significantly larger scale and broader scope than Axereal.
• Archer Daniels Midland (ADM): Global agricultural processor and food ingredient provider. Comparable in grain origination, milling, and food/feed ingredient production, though ADM operates at a much larger scale and broader geographic footprint than Axereal.
• Bunge: Global agribusiness and food company with grain origination, oilseed processing, and milling. Comparable in vertically integrated agricultural commodity processing, particularly in grain handling and value-added ingredients.
• Viterra (now Bunge): Global grain trader and processor (now merged with Bunge) with extensive grain origination and malt operations (Malteurop). Comparable as a vertically integrated grain originator and maltster operating at a similar global scale to Boortmalt.

Emerging players

• Roquette: French global leader in plant-based ingredients including pea protein (NUTRALYS). Comparable through the Intact plant-protein channel and as a French-headquartered company competing in the alternative protein space, though Roquette is significantly larger and more established in plant protein.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/_axereal
• YouTubeyoutube.com/channel/UCAqKL1tJQaiZQo2cSC7kq6w
• LinkedInlinkedin.com/company/axereal

Compliance3 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles13 records

Subsidiaries15 records

Funding overview

Funding rounds1 record

Investors4 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments1 record

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Axereal