Loading tweets...
Agrial and Terrena, the French agri-food cooperatives, have announced plans for a “strategic merger”, with talks described as being “at the proposal stage”.
In a statement, the two companies cited “repeated crises”, persistent inflation and increased competition as factors in the potential merger.
“By pooling our expertise and innovation capabilities, this project will also enable us to act together to face the issues resulting from climate challenges, the energy transition, healthy and sustainable food and French food sovereignty”, they said.
Agrial is a French agricultural and agri-food cooperative with 12,000 farmer members and more than 100 production sites across 11 countries. Its portfolio includes the fresh vegetable brand Florette, as well as Soignon, Grand Fermage, Danao, Loïc Raison, Breizh Cola and Tallec. It achieved €7.1 billion ($8.4 billion) of revenue in 2024.
Terrena is an agricultural cooperative based in western France, which reported turnover of €5.6 billion ($6.6 billion) in 2024. It has 18,000 farmer members and 13,000 employees, and markets its products through brands such as La Nouvelle Agriculture, Tipiak, Pere Dodu and Ackerman.
Source: Agrial
