French dairy processor Bongrain has confirmed it is in talks with dairy co-operative Terra Lacta over a potential partnership deal.

A spokesperson for Bongrain told just-food today (17 October) that discussions had taken place and were ongoing, but that nothing, as yet, had been decided upon.

It is understood the talks surround the possibility of setting up a joint venture in the Poitou-Charentes region of south-western France for the supply of its milk, butter and cream.

The spokesperson said a decision on any joint-venture is unlikely to made before the end of the year.

In August, Bongrain booked a drop in first-half profits after the company recorded an impairment charge on its Spanish operations.

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.