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LDC
M&A Activity • Jun 7, 2024
1474_iss_2024-06-07_403260b4-6c86-4e3f-abee-5e47a52a5264.pdf
M&A Activity
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Sablé-sur-Sarthe, June 7th 2024
Entry into exclusive negotiations for the acquisition of the Konspol factory in Nowy Sacz
Sablé-sur-Sarthe - LDC (FRFR0013204336 - LOUP) announces the entry into a conditional asset purchase agreement with KONSPOL Holding SP z.o.o., affiliate of the CARGILL's group for the acquisition in Poland of their Nowy Sacz plant and Konspol brand.
This factory achieved a consolidated turnover in 2023 of €35 million.
In line with LDC'sinternational expansion strategy, this new acquisition would allow the DROSED Group to enter into the ready meals segment (breaded products, burgers & sandwiches, tortillas, gyozas), with the strong Konspol brand in Poland. With this transaction, the DROSED Group will develop its production capabilities by relying on a modern tool with a strong capacity potential managed by an experienced and professional team.
The objective set between the parties is to finalize this transaction by the end of the year 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, 25.000 employees and a turnover of 6.2 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 in Paris and is experiencing sustainable, balanced and controlled development based on organic growth and acquisitions in Europe
Next meeting:
Turnover of 1st trimester 2024-2025
The 4 th July 2024 after Stock Exchange closing
Natalia Bernard Chief Administrative and Financial Officer +33 (0)2 43 62 70 00 [email protected]
Benjamin Lehari Consultant +33 (0)1 56 88 11 11 [email protected] Press Jennifer Jullia +33 (0)1 56 88 11 19 [email protected]
Investors Sébastien Berret +33 (0)1 56 88 11 22 [email protected]