Grain de Sail has sold a minority stake to GO CAPITAL, Bpifrance and other investors
October 2025 — Grain de Sail, France’s leading producer of organic coffee and chocolate and a pioneer in sail-powered freight transport, has completed a capital increase subscribed by a group of investors led by GO CAPITAL and Bpifrance. The transaction provides new financial resources to support the company’s development and strengthen its position in the sustainable food and low-carbon maritime transport markets.
Grain de Sail is a French company operating a hybrid business model built around two core business lines. Its primary area of operations is the production and distribution of organic chocolate and coffee, representing 98 percent of its revenue. Raw materials and selected goods, such as rum from Guadeloupe and soon products from the USA, are transported on its two owned cargo sailboats, specifically designed to enable low-carbon transatlantic crossings. The company also provides freight services for third parties on the transatlantic route, currently accounting for two percent of revenue. To avoid returning from the Americas with empty vessels, Grain de Sail plans to transport US goods back to France, supporting the expansion of this activity. The company primarily markets its products in western France through distributors, including supermarket chains and other leading food retailers, which represent 82 percent of its revenue. Grain de Sail operates its own chocolate factory in Morlaix, Northwest France, and sells its products online nationwide.
GO CAPITAL is an asset management firm with over US$405 million (€350 million) under management across early-stage and venture capital funds, investing in innovative technology companies based in France.
Our role in the transaction
Oaklins’ team in France acted as the fundraising advisor to Grain de Sail in this transaction.
Talk to the deal team
Related deals
Comtax has been acquired by Ryan
Comtax, a São Paulo-based tax technology consultancy specializing in tax determination and digital tax compliance, had been acquired by Ryan, the world’s largest firm dedicated exclusively to business taxes. The transaction marks Ryan’s entry into the Brazilian market, adding a specialized team and an established base of large corporate clients in Brazil, one of the world’s most complex tax environments, at a time when the country’s consumption tax reform is set to reshape how companies calculate and report indirect taxes. For Comtax, the acquisition brings access to Ryan’s global platform, technology and client network across more than 80 countries, creating opportunities to scale its tax determination and compliance offering beyond its current footprint. Comtax’s founders will continue to lead the business.
Learn moreCibus has acquired Aweta from Standard Investment
Standard Investment has reached an agreement with Cibus Capital, advisor to the Cibus funds, on the sale of Aweta, a global leader in fruit and vegetable sorting, grading and packing equipment. Completion of the transaction is expected in the coming weeks. The transaction provides Aweta with a strong partner to support the company’s next growth phase. Under Cibus’ ownership, Aweta will pursue further international growth and accelerate investment in R&D, supporting the installed base and product innovation, including software and AI capabilities. Aweta’s leadership team will continue to lead the business.
Learn moreTandem has completed a voluntary public tender offer for the shares of Compagnia dei Caraibi
Tandem S.r.l. has completed a voluntary public tender offer for 25.99% of the shares in Compagnia dei Caraibi S.p.A.
Learn more