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FrozenB2B Internet platform gets $2.8 million in financing.

Quick Frozen Foods International • Jan, 2008 • ANUGA 2007

FrozenB2B, a Lille, France-based Internet platform dedicated to frozen food commerce, has received an infusion of cash from venture capital firm FINORPA SCR, also of Lille. Funding over the next two years is expected to be approximately US $2.8 million.

The FrozenB2B.com business, established in 2000 by Christophe Debove and Patrice Ardore, hopes to grow beyond its traditional base in Europe and North America. Sights are now set on further expansion in Asia and elsewhere.

"Our strength lies in an an exclusive information base, which can be duplicated in other segments of the packaged food business," said Mr. Debove.


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