Negative exit

Färm - Les Halles Coopératives

Cooperative shares - Tax Shelter
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  • Food
  • Local production
  • Organic
  • Responsible consumption and production
  • Land Life
Impact category Sustainable living Degree of maturity Development
Amount collected : € 42 150.00

Pitch

Important

Despite efforts to reduce costs and stabilize its operations, the company experienced a decline in revenue within a context of structural decline in the organic and bulk sectors post-COVID. The prospects for revenue growth were limited, particularly due to inflation and the purchasing power crisis, which pushed consumers toward non-organic alternatives. Rising energy costs and rent indexation further worsened the situation. With no short-term profitability in sight, Les Halles Coopératives decided to liquidate the company.

Presentation

Les Halles de Manèges is a food distribution model that promotes local products, selected with care and in cooperation with producers. Founded in Mons in 2016, Les Halles' offer is diverse, organic and seasonal. Operating as a distributor, the cooperative took a turning point last year when it joined forces with the Färm cooperative in order to diversify its sources of supply.   

After an initial campaign in 2019 and a strong period of growth, Les Halles du Manège is reopening a capital round in order to further expand its offer.

A local and biological food distribution model

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Transaction

Reasons to invest

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Fundraising goal
€ 50 000
Financial product
Coöperatieve aandelen
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