Spanish fruit and vegetable producer bodies Coexphal and Ecohal are in talks to merge, a move they say will create one of the largest produce organisations in Europe.
A deal would create a business generating EUR2.4bn in annual sales.
Coexphal, which markets the produce of 9,500 farmer-members, is based in Almeria. It has annual sales of EUR1.58bn.
Ecohal, based in Spain's south-western region of Andalusia, comprises 19 companies based in Almeria and Granada. The organisation generates EUR850m in sales a year.
"This integration will allow all companies in the horticultural sector in Almeria and Granada to work in the same direction, defending the same interests," a joint statement read.
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