The owners of French poultry giant Groupe Doux have hit out at reports that the company could be up for sale.

Sunday newspaper Le Journal du Dimanche said yesterday (24 April) that the Doux family, which owns 80% of Europe’s largest poultry processor, was looking to sell its stake.

Go deeper with GlobalData

Data Insights

The gold standard of business intelligence.

Find out more

Discover B2B Marketing That Performs

Combine business intelligence and editorial excellence to reach engaged professionals across 36 leading media platforms.

Find out more

The Doux family had started a process to sell the business, which has debts of around EUR400m (US$574.2m), the newspaper said. It added that investment bank Lazard had already received four offers for the stake.

However, in a statement, Doux criticised the article, which the company said was “riddled with errors and inaccuracies”.

The company also stated that it has long worked with financial advisors on restructuring its debt and on the “strategic choices” for the business.

GlobalData Strategic Intelligence

US Tariffs are shifting - will you react or anticipate?

Don’t let policy changes catch you off guard. Stay proactive with real-time data and expert analysis.

By GlobalData

Just Food Excellence Awards - The Benefits of Entering

Gain the recognition you deserve! The Just Food Excellence Awards celebrate innovation, leadership, and impact. By entering, you showcase your achievements, elevate your industry profile, and position yourself among top leaders driving food industry advancements. Don’t miss your chance to stand out—submit your entry today!

Nominate Now