French agri-food giant LDC has secured a majority stake in UK duck and speciality poultry producer Gressingham Foods, strengthening its manufacturing presence in the British market. The transaction was completed with the Buchanan family, Gressingham’s founders, via their operating company Green Label Holdings. The acquisition of Green Label Holdings, which employs around 700 staff, was reportedly valued at over £200 million ($266 million). The UK-based producer, headquartered in Suffolk, specialises …
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LDC
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 …
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