Tereos

What Tereos does

Tereos is a French agricultural cooperative founded in 1932, headquartered in Origny-sainte-benoîte with a regional headquarters in Lille, employing over 10,000 people. The company transforms agricultural raw materials—sugarcane, sugar beets, and cereals—into sugar, starch derivatives, bioethanol, and plant-based proteins, serving food and beverage manufacturers, energy companies, and the aviation industry. Its product portfolio spans refined beet sugar, vital wheat gluten, maltodextrins, dried glucose syrups, fuel and food-grade ethanol, the Ensemble plant-based protein brand, and the recently launched Actifiber soluble corn fiber ingredient.

Tereos operates across the full agricultural value chain from feedstock to finished ingredient, leveraging its cooperative ownership model for supply security across France and Brazil's Center-South sugarcane region. Revenue is generated through B2B transaction-based sales of commodity and specialty ingredients to industrial buyers, with no publicly disclosed pricing models. Through the Rebound joint venture with Technip Energies, Airbus, and Safran, Tereos is extending into sustainable aviation fuel production using Alcohol-to-Jet technology at a planned 160,000-tonne annual facility at Port of Dunkirk. The company is pursuing carbon neutrality by 2050 and expanding into adjacent verticals including plant-based packaging via a partnership with Avantium and LVMH.

Name

Tereos

Legal name

Tereos Group (Tereos SCA)

Website

https://tereos.com

Company type

Private

Founded year

1932

Operating status

Operating

Headcount range

5,001–10,000 employees

Short description

Tereos is a French agricultural cooperative founded in 1932 that converts sugarcane, sugar beets, and cereals into sugar, starch derivatives, bioethanol, and plant-based proteins, serving food manufacturers, energy companies, and the aviation industry across Europe and Brazil.

Ownership category

akta.pro rank

Product category

Sugar and Starch Processing

NAICS

Wet Corn Milling and Starch Manufacturing (311221), Sugar Manufacturing (31131)

SIC

Grain Mill Products (2040), Sugar & Confectionery Products (2060)

akta.pro primary industry

Starches & Grain Derivatives Manufacturing (cornstarch, maltodextrin, glucose solids) (AFAKABAG)

akta.pro secondary industries

Glucose Syrups & Dextrose (Corn/Wheat/Tapioca Glucose, Dextrose Monohydrate) (AFAJAAAD), Grain & Sugar-Based Ethanol Production (EUAAAHAA), Native Starches & Flours (Corn, Potato, Tapioca, Wheat, Rice) (AFAJABAB), Biofuel Co-products & Byproduct Processing (DDGS, Glycerin, CO2, Lignin) (EUAAAHAJ)

Keywords

• Sugar production
• Starch derivatives
• Bioethanol manufacturing
• Plant-based proteins
• Agricultural processing

Headquarters

HQ city

Origny-sainte-benoîte

HQ country

France

HQ region

Europe

Offices3 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

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

Revenue model

1. Sugar Production and Sales: Production and sale of sugar from sugar beet and sugarcane processing
2. Starch and Starch Derivatives: Production of vital wheat gluten, starch derivatives, maltodextrins, and dried glucose syrup for food, pharmaceutical, and industrial applications
3. Bioethanol Production: Production of fuel ethanol and food-grade ethanol from agricultural feedstocks including sugarcane and cereals
4. Plant-Based Protein Products: Production and sale of plant-based protein ingredients and branded products under the Ensemble brand
5. Sustainable Aviation Fuel (SAF): Production of alcohol-to-jet SAF through the Rebound joint venture for aviation industry decarbonization

Distribution channels3 records

Marketing channels3 records

Core offering

Tereos is a French agricultural cooperative that processes sugar beets, sugarcane, and cereals into refined sugar, starch and starch derivatives (including vital wheat gluten, maltodextrins, and dried glucose syrup), bioethanol for fuel and industrial applications, and plant-based protein products under the Ensemble brand. The company is also developing sustainable aviation fuel (SAF) through the Rebound joint venture using Alcohol-to-Jet technology at Port of Dunkirk, France, with a planned capacity of 160,000 tonnes annually.

Product overview

Tereos is an agricultural cooperative offering a diversified portfolio of products including sugar, starch derivatives, wheat gluten, bioethanol, and plant-based proteins. The company operates across the entire value chain from agricultural feedstock (sugarcane, sugar beets, corn, wheat) to refined ingredients and biofuels. Key products include the Ensemble plant-based protein brand, Actifiber soluble fiber ingredients, beet sugar, vital wheat gluten, starch derivatives, and bioethanol. Through the Rebound joint venture with Technip Energies, Airbus, and Safran, Tereos is also developing sustainable aviation fuel production using Alcohol-to-Jet technology. Tereos participates in the vital wheat gluten, starch derivatives, and beet sugar markets as a major global producer, competing alongside companies like Cargill, ADM, and Roquette.

Differentiator

Problem solved

Functional benefit

Brands

• Ensemble: Plant-based protein brand of Tereos
• Rebound

Products and services

• Refined Beet Sugar Sugar produced from sugar beets, serving food processing, pharmaceutical, and industrial applications.
• Starch Derivatives Modified and unmodified starch products for food, pharmaceutical, and biofuel industries, including maltodextrins and dried glucose syrup.
• Vital Wheat Gluten Wheat protein product used in bakery, meat analogs, and pet food applications, part of Tereos' grain processing portfolio.
• Bioethanol Ethanol produced from agricultural feedstocks including sugarcane, corn, and other starch-based materials for fuel blending and industrial applications.
• Ensemble (Plant-Based Protein Brand) Plant-based protein brand offering protein ingredients derived from plant sources, targeting the growing plant-based food and beverage market.
• Actifiber (Soluble Corn Fiber) Soluble corn fiber ingredient designed for clean-label reformulation, functional beverages, and digestive health applications.
• Sustainable Aviation Fuel (SAF) Alcohol-to-Jet sustainable aviation fuel produced from advanced ethanol derived from agricultural and forestry residues, developed through the Rebound joint venture at Port of Dunkirk, France.

Quantifiable outcome

• 160,000 tonnes annual SAF production capacity at Port of Dunkirk
• +2 more outcomes

Segments4 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

Two partnerships are on record, tiered core and flagship.

• Rebound Joint Venture (Technip Energies, Airbus, Safran)coreStrategic or Co-development Partner · 9 June 2026Tereos joined with Technip Energies, Airbus, and Safran to form the Rebound joint venture developing one of Europe's largest sustainable aviation fuel production facilities at Port of Dunkirk, France. The plant will use Alcohol-to-Jet technology to convert advanced ethanol into approximately 160,000 tons of SAF annually, supporting EU decarbonization goals and aviation energy sovereignty. The four partners jointly finance the development phase including engineering studies ahead of Final Investment Decision. JV creation expected in H2 2026.
• Avantium and LVMHflagshipStrategic or Co-development Partner · 25 September 2025Tereos partnered with Avantium and LVMH to scale up plant-based packaging production, combining Tereos' agricultural feedstock capabilities with Avantium's plant-based chemistry technology and LVMH's luxury goods packaging requirements. This collaborative effort advances sustainable packaging solutions using renewable plant-based materials.

Scale indicators6 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• Roquette: French family-owned global leader in starch, polyols, proteins, and plant-based ingredients. Directly comparable to Tereos as a European starch and plant-based ingredient producer with overlapping customer base in food manufacturers and similar vertical integration from agricultural feedstock.
• Südzucker: Europe's largest sugar producer and major producer of starch, ethanol, and fruit preparations. Closely comparable to Tereos as a European sugar and starch cooperative with similar diversified product portfolio across sugar, ethanol, and starch derivatives.
• Cristal Union: French sugar cooperative and the second-largest sugar producer in France. Direct competitor to Tereos in European beet sugar production, with similar cooperative structure and overlapping European sugar market exposure.
• Nordzucker: European sugar producer headquartered in Germany with beet sugar operations across multiple countries. Direct peer to Tereos in European sugar market with comparable product mix including sugar, ethanol, and animal feed byproducts.
• Ingredion: Global ingredient solutions company specializing in starches, sweeteners, and nutrition ingredients. Directly comparable to Tereos' starch and sweetener business with overlapping customer base in food and beverage manufacturers worldwide.

Broad incumbents

• ADM (Archer Daniels Midland): Global leader in agricultural processing and human/animal nutrition. Competes with Tereos in starches, sweeteners, ethanol, and plant-based proteins, though with much broader portfolio and scale across the agricultural value chain.
• Cargill: Major privately-held global agricultural commodities and ingredients company. Competes with Tereos across starch, sweeteners, ethanol, and grain processing, though Cargill operates at much broader global scale across the entire agricultural supply chain.
• Louis Dreyfus Company: Global merchant and processor of agricultural goods including sugar, ethanol, and grain-based products. Comparable to Tereos in agricultural commodity trading and processing, though with broader global reach and diversified across multiple commodity chains.
• Bunge: Global agribusiness and food company with major operations in grain processing, oilseed crushing, and sugar/ethanol. Overlaps with Tereos in grain-based ingredient processing and ethanol production, though at significantly larger global scale.

Regional players

• Cosan: Brazilian conglomerate with major sugarcane processing operations producing sugar and ethanol. Regional peer to Tereos' Brazilian Center-South sugarcane operations, with similar sugarcane-to-ethanol value chain integration.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/tereos
• LinkedInlinkedin.com/company/411667

Revenue estimate

Valuation estimate

Number of profiles

Subsidiaries2 records

Funding overview

Funding rounds2 records

Investors1 record

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

M&A

Investments2 records

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

Frequently asked questions about Tereos