Mil's

Mil's: a family-owned SME that secures its international margins through foreign exchange insurance.

Their need

Mil's, a French manufacturer since 1926, is a family-owned SME based in Lyon specializing in the design and manufacture of pumps and vacuum systems, air systems and oxygen generators for the Health and Industry sectors.
With more than 60% of its revenue generated from exports to 90 countries, Mil's has to deal with international environments where competitiveness and control of financial risks are key.
In 2024, the company was required to respond to calls for tenders for hospitals in Burkina Faso and Madagascar, with one requirement: to submit bids in US dollars. This implied hedging against fluctuations in the EUR/USD exchange rate throughout the negotiation phase.

Our Solution

For the first time, Mil's used Bpifrance Assurance Export and chose exchange rate negotiation insurance.
This solution allowed him to:
- To present offers in US dollars, meeting the expectations of local clients.
- Protecting oneself against exchange rate fluctuations during trading.
- To secure one's profit margin.

Foreign exchange trade insurance

Develop exports by submitting commercial offers in foreign currency without incurring exchange rate risk

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Result

These strategic operations, representing several million euros of hedging, illustrate Mil's ability to turn a risk into an opportunity.
Bpifrance Assurance Export is proud to support this French SME in its international development and to contribute to the competitiveness of French companies in global markets.

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Discover our insurance solutions

Prospecting internationally

Finance my prospecting expenses and insure myself against the risk of export failure

Secure my export contracts

Cover the risks incurred at different stages of my export contract

Protecting yourself as a financial partner

Be covered as a French or foreign banking partner supporting French exporters

Optimize my cash flow

Facilitate the issuance of guarantees and the establishment of pre-financing credits necessary for...

Hedging against exchange rate risk

Freeze the exchange rate for my export trade transactions

Carry out a project with strategic interest

Promote the financing of my operations of strategic interest to the French economy

Secure my investments abroad

Promote my investments abroad by covering political risks

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