Léa Compagnie Biodiversité, the France-based natural and organic consumer-goods group, has made an acquisition in Spain.
The company has snapped up a majority stake in Spanish wholesaler Biocop Productos Biológicos, a Barcelona-based, family-owned business serving organic retailers in the country. The wholesaler also markets products under its own brand, Biocop.
In a statement posted on LinkedIn, Léa Compagnie Biodiversité said: “The acquisition of a majority stake in Biocop from the founding family is an important step in the development of Léa Compagnie Biodiversité in southern Europe. At the same time, this alliance will strengthen the Biocop brand in Spain with the contribution of the group’s production tools.”
Financial details were not disclosed. just-food could not reach a Léa Compagnie Biodiversité representative for further comment at the time of writing.
Léa Compagnie Biodiversité is the family-owned holding company behind French businesses Léa Nature, Bioléa and Ékibio. The company’s food brands include Jardin Bio, which covers products from condiments to fresh foods, Carte Nature and Vitamont.
In a statement posted on the Biocop Productos Biológicos website, Joan Picazos, the company’s director, described the deal as an “important step” for the business.
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“Biocop has always been a family company and will continue to be: in that sense there will be no changes. What will change, in a positive way, is, first of all, that we will be able to offer more products and we will have greater manufacturing and distribution potential, to which we will incorporate the know-how that Léa Compagnie Biodiversité treasures. One of our priorities will be to strengthen cooperation with local producers and the development of products that respond to the needs of our consumers. This, of course, will be to the benefit of all,” Picazos said.