Industry: Manufacturing Region: France Transaction Price: USD 1 million Transaction Method: Equity Investment
Project introduction:
French companies fight against excessive consumption by developing circular economy of glasses. Its specific business model is to collect unused glasses in public places (companies, schools, banks, etc.) to maximize the value of society and environment.
Thereafter, the glasses were reprocessed in cooperation with another French company to give them a second life. Once the restoration is successful, the frames will be sold in specialized offline stores, of which 70% are refurbished frames and 30% are recycled frames produced jointly with French glass manufacturer partners.
Cooperation mode:
The company's goal is to become an ecologically responsible glasses chain in France. In the next step, the company will achieve its goal by developing its self-operated stores and its own recycling brand. Now it is seeking investment cooperation.