French sliced ham and charcuterie group Madrange is no longer for sale, it emerged after the founding Madrangeas family reasserted their control of the business.
Go deeper with GlobalData
Jean Madrangeas, 53, who was at the helm for a period of 17 years until his departure in 2007, has taken up the post of chairman of the supervisory board, a spokesperson for the company told just-food.
The group has also appointed food industry veteran, Franck Rouard, as its new CEO. His main tasks will be the redeployment of the group’s sales activities and its industrial, re-organisation, the company said.
He will replace Bruno Vincent-Genot, who took up the post a year ago.
In February this year, Madrange entered into takeover talks with French food holding company Financière Turenne Lafayette.
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 GlobalDataThe spokesperson underlined that the sell-off plans have now been dropped.
