LDC Group, the French poultry processing giant, is reportedly negotiating to acquire Indykpol Group, a Polish firm specialising in turkey meat.
According to an article in Just Food, LDC is in “advanced” talks with Rolmex, Indykpol’s owner, to buy the company.
Indykpol is said to have reported sales of €228 million ($244 million) in 2022. The firm owns a processing plant located in northern Poland, as well as more than 16 hectares of farms and a hatchery.
Commenting on the proposed deal, LDC said: “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”.
LDC currently owns 13 facilities in Poland, six dedicated to prepared poultry and the remainder to “upstream” operations.
Both firms aim to finalise the acquisition process by Q2 2024, subject to regulatory clearance.
Source: Just Food / Market Screener