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.
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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.
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