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1 MIN READ

France: Agrial acquires Tallec

November 17, 2017
-
Europe, Food, Mergers & Acquisitions

Agrial, the agri-food co-operative, is to acquire the Brittany-based charcuterie firm Tallec, according to a report in Les Echos.

Headquarterted in Bannalec, Tallec manufactures traditional ham, terrines and pate, generating €37 million ($44 million) in annual revenue. It operates from two factories and employs around 200 staff.

Commenting on the move, Agrial corporate relations director Michel Marielle said: “Our aim is to form a charcuterie division made up of family firms with premium products principally designed for deli counters in major retail chains”.

Agrial’s purchase of Tallec is the latest of a series investments in the charcuterie space. The firm recently acquired Brient, a Rennes-based producer of sausages and pates, and is also the owner of Maitres Jacques, which specialises in the manufacture of roast meats.

Source: Les Echos

 

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