LDC

M&A Activity • Nov 8, 2023

Sablé-sur-Sarthe, November 8 th 2023

Entry into exclusive negotiations for the acquisition of the company INDYKPOL

Sablé-sur-Sarthe - LDC (FRFR0013204336 - LOUP) announces the entry into a conditional share purchase agreement with ROLMEX SA, parent company of Indykpol SA, leader in the turkey market in Poland and a major player in this sector in Europe thanks to its strong brand INDYKPOL.

This company achieved a consolidated turnover in 2022 of €228 million, of which more than 60% of the sales are performed on the domestic market. The company is currently employing around one thousand collaborators.

The company has more than 166,000 m2 of farms (supplying 30% of the total needs), including 56,000 m2 dedicated to parent breeding, a hatchery, a feed factory and a processing plant located in northern Poland.

In line with LDC's international expansion strategy, this new acquisition would consolidate an already solid presence of the LDC group via its subsidiaries of the Drosed group on the poultry market in Poland, making it possible to enrich the range with raw products, charcuterie and processed turkey products.

The objective set between the parties is to finalize this transaction during the first half of 2024, subject to the authorization of the competition authority.

About LDC

LDC (Lambert Dodard Chancereul) is a family-owned French agri-food company specialized in the processing and the sales of poultry as well as in the development of fresh and frozen ready meal products. With 102 sites, 23,400 employees and a turnover of 5.8 billion euros, the LDC group is one of the European leaders in poultry, with a presence in France, Poland, Hungary, Belgium and the United Kingdom. It sells its products under the brands Loué, Le Gaulois, Maître CoQ, Doux, Marie, Traditions d'Asie, Drosed, as well as Nature et Respect. Its mission: Act for food sovereignty while respecting women, men and nature.

The LDC Group is listed on the stock exchange and is experiencing sustainable, balanced and controlled development based on organic growth and acquisitions in Europe

Next meeting:

Results of 1st semester 2023-2024

The 22nd November 2023 after Stock Exchange closing

CONTACTS

Laurent Raimbault Directeur Administratif et Financier 02 43 62 70 00 Laurent.raimbault@ldc.fr

Stéphane Ruiz / Benjamin Lehari Directeur Associé / Consultant 01 56 88 11 11 sruiz@actifin.fr / blehari@actifin.fr

Presse Jennifer Jullia 01 56 88 11 19 jjullia@actifin.fr

Investisseurs Lsorg@actifin.fr 01 56 88 11 11 Lsorg@actifin.fr