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Terrena Buys into Unicopa Poultry Capacity

by 5m Editor
13 March 2008, at 3:46pm

Giant French agricultural co-operative Terrena is to acquire the bulk of Unicopa's fresh poultry processing capacity.

The move is as part of a strategic agreement between the two co-operatives.

Terrena will become France's second-largest poultry producer as a result of the deal, behind the Doux group.

Working with Unicopa subsidiary Eolys, Terrena is also setting up a jointly-operated buying group for shared agricultural procurement needs.

Terrena president Hubert Garaud said: "At a time when society is asking us to reduce our use of sprays and fertilisers, we have to find credible alternatives to allow our farmers preserve the environment and remain competitive."

5m Editor