ADVITAM and NATUP have divested Chlorodis to Cobalys
Paris – CFI is pleased to announce that it acted as exclusive advisor to ADVITAM and NATUP in the divestment of Chlorodis to Cobalys, a subsidiary of Noriap.
Founded in 2015, Chlorodis specialises in the distribution of supplies to landscape and green space professionals, with a catalogue of over 700 references. The company operates through five outsourced logistics platforms located in Hauts-de-France and Normandy, serving more than 2,000 professional clients. Chlorodis is a member of the Vert Cité purchasing group, a subsidiary of InVivo.
As of 30 June 2025, the company generated revenues of €8.0 million, benefiting from a diversified customer base comprising municipalities and public administration (36% of FY25 revenue), landscapers (28%), nursery growers, market gardeners and horticulturalists (25%), as well as other players (11%).
The sales force is structured around a dense territorial network covering Normandy and Hauts-de-France, where it holds a leading position.
The transaction involves the acquisition of Chlorodis’s business assets and inventory by Cobalys, a subsidiary of the NORIAP cooperative. This combination will give rise to a leading regional player in the distribution of products and supplies for green spaces.
ADVITAM is a French agricultural cooperative group headquartered in Hauts-de-France, specialising in the collection and marketing of cereals. The cooperative operates across cereals, seeds and supply (41% of FY25 revenue), agricultural trading and supply (22%), retail distribution through garden and pet centres (20%), as well as machinery and irrigation (16%).
Key figures as of 30 June 2025:
- €1,444 million in revenue
- 2,400 employees
- Over 250 silos across Hauts-de-France
- 6,000 members of the Unéal cooperative
NORIAP is a French agricultural cooperative group headquartered in Hauts-de-France, specialising in crop production, cereals, seeds and supply (62% of FY25 revenue), animal production (21%), the egg sector (15%), garden and pet centre distribution (7%), as well as agricultural machinery and transport (3%).
Key features as of 30 June 2025:
- €865 million in revenue
- 1,237 employees
- 163 silos
- 8,500 partner farmers
- 1.140 Mt collected
COBALYS is a company specialising in advisory services, distribution and technical solutions for green spaces, serving professional clients including local authorities, landscapers, construction companies, golf courses and landscape contractors. Based in Limours and Seclin in France, Cobalys operates primarily across Île-de-France, Hauts-de-France and neighbouring regions, offering recognized expertise and hands-on technical support.
Key features as of 30 June 2025:
- €21.5 million in revenue
- c. 30 employees
This transaction closed on 31 March 2026.
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