French dairy co-operative Valcrest has signed a letter of intent to merge its production and commercial activities with larger peer Eurial.
The agreement is subject to the approval of the two co-operatives’ general assemblies, which will convene in June, as well as their works councils.
Valcrest has a strong presence in goat’s cheese and other speciality cheeses. It has three production sites and a turnover of close to EUR50m (US$69m).
“Through this merger plan, Eurial and Valcrest can re-inforce their position in added value goat’s cheeses as well as regional specialty cheeses made from cow’s milk,” a joint statement reads.
Valcrest will benefit from Eurial’s commercial network and gain access to a wider market for its products. For Eurial, the tie-up will offer new supply options for goat’s milk where it has recently experienced difficulties.
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.

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