Groupe Depestele announces strategic investment in Greenboats

Greenboats, a pioneer in sustainable composite solutions, is excited to announcel that flax fibre producer Groupe Depestele has acquired a minority share in the company. This move not only strengthens the existing collaboration but firmly positions the company as a forerunner in building the technology and infrastructure needed for Natural Fibre Composites (NFCs) to become a viable option to meet the industry’s growing demand for sustainable, lightweight components.

Groupe Depestele announces strategic investment in Greenboats

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Groupe Depestele has been a key player in the flax textile industry since 1850. Recognized as the top private flax producer in Europe, they manage around 13,000 hectares of flax land. From cultivation to product creation, they ensure quality and sustainability, evidenced by their “European Flax” certification which meets EU environmental and social standards.

Jan Paul Schirmer, Managing Director of Greenboats , said, “We’re at a pivotal juncture in the evolution of Natural Fibre Composites as a new product category. Our clients believe in our technology but demand a more reliable and scalable supply chain. Our partnership with Groupe Depestele is based on respect and a mutual vision. Their investment is a strong vote of confidence in what we can achieve together. We couldn’t have hoped for a more fitting partner.”

Valentin Depestele, Director of Groupe Depestele stated, “Greenboats has unrivaled expertise in the development and manufacturing of natural fiber composite structures. Their commitment to innovation reflects our own values. This investment underlines our confidence in their development potential and our shared vision to redefine the applications of sustainable composites on a global scale.”

This partnership reaffirms both companies’ commitment to a sustainable future in the composite industry.

Greenboats and Cobra partner up to offer custom Natural Fibre Composites (NFC) components at scale (to be read here)
More information www.groupedepestele.com