Three French milk co-operatives Coopagri Bretagne, Even and Terrena are in talks over a possible merger.
Go deeper with GlobalData
Coopagri Bretagne has confirmed to just-food that discussions centre on setting up a new company, which would acquire the milk production assets of the three co-ops – including plans, staff and business.
If agreement is reached between the three sides, the new company will be officially unveiled at the end of the year.
The firm is expected to generate a turnover of EUR1.5bn (US$2.3bn) and have an annual production output of almost 1.5bn litres of milk.
The company would rank third in the French dairy sector behind Lactalis and Sodiaal.
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
