INNOV’IA shares its five key learnings for midsize companies to expand internationally
Working with Altios has helped us structure our international expansion journey so we will take the right step at the right time and be successful in reaching our goals.
- As INNOV’IA and its subsidiaries started exploring an international expansion, they needed to determine the different key steps they have to undertake in order to structure their internationalization path.
- An internal audit of all companies of Innov’ia was carried out to help the business prepare and optimize itself before consolidating international actions.
- Market research was an essential first step in defining which markets could be interesting for the company to expand to.
- ALTIOS Strategy has set up a collaborative approach with Innov’ia in order to structure their internationalization and to embark the company and its team towards a customer-centric strategy with a differentiating value proposition.
Through their experience, they can share 5 key learnings: do your research, set realistic goals, let your customers guide you in choosing your location, get your whole team on board, don’t be too cautious, get help from local experts.
ALTIOS could secure and enhance their international expansion project thanks to their in-depth knowledge of the markets.
You would like to know more about Innov’ia’s story and its 5 key learnings?
Founded in 1990
Headquarters: La Rochelle, France
7 manufacturing locations and 1 R&I Centre
Turnover: €40 million
Expertise: Ingredient formulation and industrialization in agrifood, cosmetics or pharmaceuticals
Investment in industrial and international expansion: €70 million in 10 years
Target countries: Europe