French vegetable co-operative the Société d'Intérêt Collectif Agricole (SICA) de Saint-Pol-de- Léon is investing tens of millions of euros in the rationalisation of its processing operations to put itself on a more competitive footing with German and Dutch rivals.
The co-op, which is made up of 1,500 producers, markets around 285,000 tonnes of vegetables – including potatoes, cabbages leeks and lettuces – a year, of which 40% is accounted by exports.
Go deeper with GlobalData
The project consists of reducing the number of vegetable processing stations from 23 to eight and building two new packaging facilities on the same site, which are scheduled to be operational in 2017.
Last year, the SICA de Saint-Pol-de-Léon saw its turnover decline by 15% to just under EUR185m (US$200.3m) due to unfavourable weather conditions and the Russian embargo on food imports.
Separately, the co-operative, which owns a rail freight subsidiary named Combiwest, is mulling plans to operate trains to China carrying échalotes.
See Also:
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
