Agrial, the France-based agri-food cooperative, has strengthened its poultry pursuits with the purchase of native provider Reilhe Martin.
Like Avigros, Agrial’s current poultry trade, Reilhe Martin is founded on the massive Rungis wholesale marketplace, south of Paris.
Monetary phrases weren’t disclosed. Reilhe Martin specializes in supplying poultry and meat underneath what Agrial calls “high quality labels”, together with the reputable Label Rouge certification.
Reilhe Martin markets greater than 5,000 tonnes of meat, producing a turnover of EUR20m (US$21.4m). Poultry represents 80% of its trade, whilst recreation accounts for 20%. It employs 25 team of workers.
Via Avigros, Agrial sells 30,000 tonnes of poultry, making greater than EUR100m. Avigros provides eating places, wholesalers and butchers within the Paris area.
Stéphane Poyac, the MD of Agrial’s meat department, mentioned: “This acquisition lets in us to enhance our already forged positions at the Rungis marketplace and to proceed our proactive technique to poultry sectors. We’re thus proceeding to expand a meat department enthusiastic about high quality merchandise which might be significant for the farmer-members of the co-operative.”
General, Agrial booked a turnover of EUR6.2bn in 2021, using 22,200 team of workers throughout greater than 100 manufacturing websites in 11 markets. In 2021, some 40% of the co-op’s turnover got here from the dairy sector, with meat accounting for 9%.
Closing 12 months, Agrial snapped up a majority stake in native French salami provider Salaisons du Mâconnais.
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