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Terrena

A French commercial court has chosen a consortium led by French poultry group LDC to take over ailing chicken processor Groupe Doux.

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A commercial court in France will decide on which of the takeover bids tabled for ailing poultry processor Groupe Doux prevails on 18 May.

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Two takeover offers have been tabled for the ailing France-based poultry supplier Groupe Doux, according to the French government.

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French poultry processor LDC has played down reports it has submitted an offer for ailing counterpart Groupe Doux.

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MHP has said takeover talks with Groupe Doux are continuing despite the ailing French poultry producer announcing its intention to file for liquidation.

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Loss-making French poultry producer Groupe Doux reportedly announced its intention to file for liquidation on Friday (23 March).

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French co-operative Terrena has confirmed it will not be able to provide financial support to its loss-making poultry unit, Doux, indefinitely.

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France-based agri-food group Terrena plans to formally merge with two fellow cooperatives - Terrena Poitou and CAM.

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French agri-food group Terrena has announced its members and the shareholders of fellow cooperative Normandie Bovins have approved their plans to merge.

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Northern Ireland meat group Dunbia said today (24 May) it had agreed to establish a majority-owned joint venture with peer Dawn Meats, based across the border in the Republic of Ireland, to comprise the UK operations of both firms.

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French agri-food cooperative Terrena saw its sales grow in 2016 thanks in part to recent acquisitions but revealed its EBITDA declined year-on-year.

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French cooperative Terrena has teamed up with French food group Fleury Michon to launch a range of antibiotic-free chicken products.

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French co-operative Terrena, which earlier this year acquired poultry group Doux, has announced a three-year investment programme worth EUR150m for its expanded poultry division.

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French agri-food co-operative Terrena has posted mixed results for 2015.

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French food co-op Terrena and local agribusiness Sofiprotéol should seal their deal to acquire a majority stake in poultry processor Groupe Doux in January.

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The US Department of Agriculture's development of GMO certification scheme emerged this week, adding to the debate over the labelling of foods containing genetically modified ingredients. Elsewhere in the US, Mondelez International revealed jobs will go at a biscuit plant in Chicago. Meanwhile, dairy giant Arla Foods announced a deal in Egypt with local processor Juhayna Food Industries.

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French food co-op Terrena and local agribusiness Sofiprotéol are in talks to buy a majority stake in poultry processor Groupe Doux from the Calmels family.

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French agri-food co-operative Terrena saw profits rise in 2014, despite only slight growth in sales, as margins from its meat business improved.

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French co-operative Terrena has agreed to relinquish a 49% stake in its beef and pork arm Elivia to Irish meat processor Dawn Meats.

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Gastronome, the poultry processing arm of French agri-food co-operative, Terrena, has announced plans to close its plant in Luche-Pringe, in western France.

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Members of Terrena, the French agri-food co-operative, have given the green light to vegetable supplier Val Nantais joining the group.

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Terrena, the French agri-food co-operative, is looking at making investments in companies in the sector - possibly internationally - through a new fund, Kassiop-Invest.