French vegetable group Bonduelle is in talks to buy Europe's largest mushroom producer France Champignon from private-equity group Butler Capital Partners.

Bonduelle and Butler Capital said today (7 January) that they expect a deal to be finalised in the coming weeks after talks with union representatives.

Butler Capital bought France Champignon in 2004 and has overseen a business that has five facilities in France and one in Poland. The mushroom firm's annual sales stood at EUR212m (US$304.1m) in 2008.

Bonduelle, which saw its turnover climb 4.4% to EUR1.52bn in the year to the end of June 2009, owns a range of canned and frozen vegetable businesses in Europe and Canada.