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Doux

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1 MIN READ

France: Doux applies for liquidation

March 26, 2018
-
Europe, Food, Mergers & Acquisitions

Doux, the troubled French poultry processor, has filed for liquidation in the face of mounting losses. Reuters reports that Terrena, which acquired a majority stake in Doux two years ago, has been hit by cheaper imports from Brazil, particularly in its key exports in the Middle East. According to an article in Ouest-France, the business has been losing in the order of €3 million ($3.7 million) per month. Doux, which owns …

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