French agrifood business The Avril Group is supporting a bid for assets owned by ailing local pork processor Ateliers Industriels de la Manche (AIM).

Sofiprotéol, the unit that houses Avril’s minority investments, has tabled a joint offer with pork firm Declomesnil for AIM’s cutting and distribution assets.

Go deeper with GlobalData

Data Insights

The gold standard of business intelligence.

Find out more

It is reported to be one of three offers made for assets of AIM, which has been operating under judicial administration since last month. AIM has said it has been affected by Russia’s embargo on certain food products from the EU and by competition in France from rival German and Spanish processors.

Under the terms of the offer, filed with the business court in Coutances, Sofiprotéol would be a minority shareholder in a new entity controlled by Declomesnil.

Just Food Excellence Awards - Have you nominated?

Nominations are now open for the prestigious Just Food Excellence Awards - one of the industry's most recognised programmes celebrating innovation, leadership, and impact. This is your chance to showcase your achievements, highlight industry advancements, and gain global recognition. Don't miss the opportunity to be honoured among the best - submit your nomination today!

Nominate Now