French alliance reinforces LDC’s place in poultry sector
Two of the leading players in the French food industry, Sofiprotéol and LDC, have announced their plans to develop a high-performance French sector with international ambitions with a focus on domestic poultry production.
The objectives of the two partners are to reconquer the domestic poultry market by developing French production and thus reduce the share of imports (currently 42%); to reinforce LDC’s position as a major player in the European poultry industry; to reinforce Sanders’ position in the fields of animal nutrition and production; and to enable their concerted international development.
The proposed alliance between LDC and Sofiprotéol will be illustrated in Brittany by the sale to LDC of the poultry slaughter and processed products activities of Sofiprotéol’s Animal Products Division, or in other words five production sites with a turnover of €310 million and employing nearly 1000 people.
The sites thus acquired will be combined with the six LDC sites in Brittany to form a new company: Société Bretonne de Volaille. It is also planned that LDC will acquire the site in Blancafort (which achieves turnover of €20 million and employs 125 people), its supply being assured by the Clémont site (Sanders Animal Nutrition). The partnership between these two players will drive a new dynamic for the poultry sector in the Centre Region of France.
More than €100 million will be invested during the next five years at all the sites concerned.
According to Denis Lambert, Chairman of Groupe LDC: “Our planned alliance constitutes a strong signal to the French poultry sector. It reflects the mobilisation of two major players in the food industry who wish to focus on a common goal, which is to ensure that long term, this sector can win back domestic markets and develop internationally.”
This proposed alliance will notably concern a preferential partnership between Sanders and LDC concerning the supply of (live) poultry. It also involves the transfer of feed activities (not poultry) from LDC (Huttepain Bouix) to Sanders. This will also involve the use by LDC’s poultry activities of innovative products from MiXscience and Theseo, which belong to Sofiprotéol’s Animal Products Division.
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