French sliced ham and charcuterie group Madrange is in talks to sell the business to with local food holding company Financière Turenne Lafayette (FTL).

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“We can’t comment further other than to say nothing has been signed at this stage and [we] are in consultations with [the] works council on the terms and conditions of a possible takeover,” a company official told just-food.


Madrange, the sale of which was first rumoured a year ago, employs 1,700 staff and generates an annual turnover of close to EUR380m (US$487.3m).


FTL, which owns popular brands such as William Saurin (cassoulets) Panzani (raviolis), Garbit (couscous) and Paul Prédault (cooked hams) has an estimated turnover of EUR600m.

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