Compagnie des Amandes

What Compagnie des Amandes does

Compagnie des Amandes is a French vertically integrated almond production and processing company founded in 2018 by Arnaud Montebourg (former French Minister of Economy) and François Moulias, headquartered in Aix-en-Provence with a processing subsidiary (La Casserie) in Brignoles. The company operates three integrated activities: production across approximately 230 hectares of company-associated orchards conducted in agroecology, transformation through its La Casserie cracking/sorting/calibration/storage facility, and trading aggregating almonds from roughly 20 independent partner farmers totaling 400 additional hectares. It serves five customer segments — farmers (both associated and partner producers), food artisans and industrial manufacturers (chocolatiers, confectioners, pastry chefs, cosmetics manufacturers), distributors, and individual consumers via an online boutique.

The core technology stack centers on agroecological cultivation practices (hedgerows, biodiversity infrastructure, rational irrigation), a proprietary carbon calculation methodology approved by the French State for Label Bas Carbone certification, and a lot identification code system (XX-PROD-X-VARI-BIO/CONV-20XX) providing parcel-to-shipment traceability. La Casserie offers integrated collection, drying, cracking (two lines), optical sorting, metal detection, calibration, and temperature-controlled storage. Scientific inputs come from a partnership with INRAE (French national agricultural research institute), with Henri Duval serving as Scientific Director.

The business model combines three revenue streams: B2B almond sales to food industry and cosmetics buyers (quote-based professional pricing), processing service fees from La Casserie (annual rate grid), and D2C sales through the e-commerce boutique including subscription plans (€19.49-21.30/kg monthly or bi-monthly) and finished goods like nougat (€16/unit). The company operates a unique 51% farmer / 49% company co-ownership model for associated orchards, financing operating costs until maturity (year 6) and providing €700/ha/year pre-production compensation, creating farmer lock-in and an aggregation strategy for the historically fragmented French almond sector where domestic production covers only ~5% of consumption.

Name

Compagnie des Amandes

Legal name

SAS Compagnie des Amandes

Website

https://amandes-francaises.fr

Company type

Private

Founded year

2018

Operating status

Operating

Headcount range

11–50 employees

Short description

Compagnie des Amandes is a French vertically integrated almond producer founded in 2018 that aggregates production across 630 hectares of orchards, processes them at its La Casserie facility in Brignoles, and sells to food artisans, cosmetics manufacturers, retailers, and individual consumers seeking 100% French-origin almonds.

Ownership category

akta.pro rank

Product category

Almond Production and Processing

NAICS

Tree Nut Farming (111335), Fresh Fruit and Vegetable Merchant Wholesalers (424480)

SIC

Agricultural Production-Crops (100), Wholesale-Farm Product Raw Materials (5150)

akta.pro primary industry

Nuts, Seeds & Dried Fruit Trading/Wholesale (AFAIAKAF)

akta.pro secondary industries

Orchard Management & Field Operations (Pruning/Training, Thinning, Irrigation/Fertigation) (AFAGACAL), Organic Fruit & Tree Nut Farming (Orchards) (AFAGAKAB)

Keywords

• Almond production
• Almond processing services
• French tree nuts
• Orchard aggregation
• Almond distribution

Headquarters

HQ city

Aix-en-provence

HQ country

France

HQ region

Europe

Offices2 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

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

Revenue model

1. Almond Production and Sales: Production of almonds from 230 hectares of company-associated orchards and purchase of almonds from approximately 20 independent farmers totaling 400 hectares. The company aggregates and commercializes French almond production, acting as the main outlet point for French almond production.
2. Processing Services (La Casserie): Cracking, sorting, calibrating, conditioning and storage services for farmers' almonds. The processing facility at Brignoles handles collection, drying, cracking, optical sorting, metal detection, and temperature-controlled storage. Services are charged according to annual rate grids.
3. Direct-to-Consumer Sales: Online boutique sales of almonds (natural and roasted) and nougat to individual consumers through one-time purchases and subscriptions (monthly or bi-monthly deliveries).

Pricing tiers

Go-to-market motion3 records

Distribution channels4 records

Marketing channels5 records

Core offering

Compagnie des Amandes operates a vertically integrated almond business covering the production of 100% French almonds on 230 hectares of associated orchards plus 400 hectares aggregated from 20 partner farmers, processing through its La Casserie facility at Brignoles (drying, cracking, optical sorting, metal detection, calibration, conditioning and storage), and commercialization via direct B2B sales, distribution partnerships with DACO France/Daco Bello, and a D2C e-commerce boutique offering natural and roasted almonds, French-almond nougat, and monthly or bi-monthly subscriptions. The company also delivers farmer services including orchard establishment financing, technical advisory, training, and cracking services.

Product overview

Compagnie des Amandes operates as a vertically integrated almond producer and processor in France, organized around three main activities: production (230 hectares of company-associated orchards), transformation (La Casserie processing facility in Brignoles offering cracking, sorting, calibration, packaging, and storage services), and trading (aggregating almonds from approximately 20 partner farmers totaling 400 hectares). The company offers a consumer-facing product portfolio including whole natural almonds, roasted almonds (sold individually and via subscription), and nougat with French almonds. Additional services include farmer support programs, professional bulk ordering, and technical agricultural consulting.

Differentiator

Problem solved

Functional benefit

Products and services

• Amandes Françaises Nature (Whole French Almonds) Whole, unsalted French almonds sold in 1 kg bags directly to consumers, with no intermediaries, sourced from the Midi-Mediterranean region.
• Amandes Françaises Grillées (Roasted French Almonds) Roasted, unsalted French almonds in 1 kg bags, offering a crunchy texture and authentic taste; sold individually or via subscription.
• French Almond Subscription (Roasted or Natural, monthly and bi-monthly) Recurring delivery subscription (monthly at €19.49-19.99/kg or bi-monthly at €21.10-21.30/kg) of 1 kg sachets of roasted or natural, unsalted French almonds over a six-month period, with free shipping and no automatic renewal.
• Nougat Noir Dur aux Amandes Françaises Hard black nougat made with 40% French almonds, sugar, glucose syrup, honey, pasteurized egg white and natural vanilla flavor; sold directly to consumers via the company online boutique at €16.
• Almond Processing Services (La Casserie) B2B processing services for farmers and the French almond sector at the La Casserie facility in Brignoles (drying, cracking, optical sorting, metal detection, calibration, conditioning and temperature-controlled storage), priced via annual rate grids.
• Professional Bulk Almond Supply (chefs, artisans, food and cosmetics industries) Quote-based bulk supply of French almonds (natural and roasted) for food artisans (chocolatiers, confectioners, pastry chefs, bakers) and cosmetics manufacturers, with full traceability and physico-chemical / microbiological analyses.
• Farmer Establishment and Technical Support Services End-to-end support package for new and existing almond farmers covering orchard establishment financing (€700/ha/year until maturity), agronomic advice (variety and rootstock selection, irrigation, soil, biodiversity), technical training and use of the La Casserie cracking infrastructure.

Quantifiable outcome

• French almond market represents only ~5% of domestic consumption, indicating significant growth opportunity for local production
• +4 more outcomes

Named customers5 records

Segments5 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature5 records

Partnerships

Eleven partnerships are on record, tiered core and minor.

• Nougat Chabert et GuillotcoreOthers · 8 September 2023Exclusive partnership for supply of French almonds. First confectionery company to sign with the company for French almond supply, demonstrating commitment to local sourcing and supply chain relocalization.
• INRAE (Institut national de recherche pour l'agriculture, l'alimentation et l'environnement)coreStrategic or Co-development PartnerShareholder providing scientific expertise and research capabilities. INRAE contributes through its Montfavet (84) facility, with Henri Duval serving as Scientific Director in convention with the company. Provides analysis of new projects, variety selection, and technical itineraries. Collaborated on biocontrol research for almond tree pests.
• DACO France / Daco BellocoreChannel Partner/ Reseller/ DistributorShareholder and distribution partner. Daco Bello, expert in dried fruits since 1974, distributes the company's almonds through major French retail chains including Carrefour, Leclerc, and Grand Frais. Strategic partner for bringing French almonds to mass market.
• France AmandecoreStrategic or Co-development PartnerInterprofessional association grouping producer unions and major buyers, with objective to develop and enhance the French almond sector. François Moulias serves as Treasurer of the association.
• Le Roy RenéminorStrategic or Co-development PartnerFrench almond producer in southern France reviving traditional methods and calissons production (traditional Provençal sweet) as part of the broader movement to compete against US almond dominance.
• SCIC L'Abeille RousseminorStrategic or Co-development PartnerCooperative providing osmie bees (wild solitary bees) for almond orchard pollination. Company has privileged partnership with this organization, being a member, to promote osmie installation in orchards. Nichoirs (bee houses) are installed in orchards and osmie cocoons are deposited before flowering.
• GRCETAminorImplementation/ SI/ Consulting PartnerTechnical agricultural consulting partner working with INRAE on agronomic feasibility studies and variety/rendimiento validation for new orchard projects.
• NaturoptèreminorStrategic or Co-development PartnerCultural and educational center dedicated to nature that partnered with the company on hedgerow planting projects, contributing expertise in biodiversity infrastructure design.
• Cérès FloreminorOthersPlant provider supplying local plant material for hedgerow and biodiversity infrastructure plantings in company-associated orchards.
• Pépinières NaudetminorOthersPlant nursery supplying trees and plants for hedgerow projects. Also provides private financing support for biodiversity infrastructure installations.
• Arbres&Paysage 11minorStrategic or Co-development PartnerAssociation providing expertise in plant species selection and planting implementation for hedgerow and biodiversity projects. Also assists with project financing through regional subsidies.

Scale indicators6 records

Recent moves6 records

Expansion highlights4 records

Others

• ARTERRIS Cooperative: Major southern-French agricultural cooperative and shareholder of Compagnie des Amandes. Comparable as a regional cooperative partner with crop aggregation, financing and farmer-support capabilities, though operating more broadly across grains, wine and livestock than Compagnie des Amandes' almond focus.

Regional players

• Agrial Cooperative: Major French multi-specialty agricultural cooperative active in fruits, vegetables, beverages and field crops, operating a similar farmer-shareholder, cooperative-capital model in France. Comparable as a regional French agri-cooperative with shared-ownership producer support.

Broad incumbents

• Borges Agricultural & Industrial Nuts: Spanish family-owned group with vertically integrated production, processing and global distribution of tree nuts (almonds, walnuts, pistachios). Directly comparable business model (orchard ownership + processing + B2B/retail sales) to Compagnie des Amandes but operating across multiple nuts and geographies.
• ofi (Olam Food Ingredients): Global agri-business focused on nuts, dairy, cocoa, coffee and spices with deep almond sourcing and processing capabilities. Comparable as a global nut supplier serving confectionery, bakery and dairy customers, and one of the import-side competitors Compagnie des Amandes is displacing in the French market.
• Blue Diamond Growers: World's largest almond cooperative, integrating California almond growers through processing, marketing and branded retail distribution. Comparable to Compagnie des Amandes as the integrated producer-processor-marketer model, but at vastly greater scale and geography (US vs France).
• SABATER (Miel Muria / Sabater/Spanish almond processors): Established Spanish almond processor serving B2B and retail customers across Europe. Comparable Mediterranean almond processor serving food-industry buyers; competes with Compagnie des Amandes for European confectionery and ingredient accounts.

Emerging players

• Amandes de la Renjardi ère: Operator of the largest single almond orchard in France (100 ha, near Sérignan-du-Comtat), pursuing professional French almond production at scale. Directly comparable as an emerging French almond grower competing for the same agronomic expertise, partner growers and downstream French buyers.
• Coopérative Noix de Grenoble / SENURA (AOP Walnut): French AOP-protected walnut cooperative aggregating small producers, providing processing services and securing premium positioning. Highly comparable in cooperative aggregation, value-chain integration, terroir-driven premium pricing and French single-tree-nut-category focus.

Direct peers

• Le Roy René: Provençal confectioner (calissons, nougats) and one of the most prominent French 'Made in France' almond buyers, actively relocalizing its supply chain toward French almonds. Directly comparable as a French almond confectionery peer pursuing the same domestic sourcing narrative.
• DACO France / Daco Bello: French dried-fruit and nut distributor (since 1974) and Compagnie des Amandes' shareholder and distribution partner. Closely overlaps in French nut distribution to mass-market retailers (Carrefour, Leclerc, Grand Frais), making it both a partner and a direct commercial peer in nuts trading.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks7 records

Key highlights7 records

Customer concentration

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Compliance6 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles9 records

Subsidiaries1 record

Funding overview

Funding rounds1 record

Investors

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

M&A

Investments

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

Frequently asked questions about Compagnie des Amandes