FDBusiness.com

Sodial, 3A Coop to merge

 Breaking News
  • PepsiCo Elects CEO Ramon Laguarta as Chairman PepsiCo’s board of directors has unanimously elected Ramon Laguarta as the company’s Chairman, succeeding Indra K. Nooyi who announced in August 2018 her intention to step down as PepsiCo CEO effective October 3, 2018 and remain Chairman until early 2019 to ensure a smooth and seamless transition. The appointment is effective when Chairman Nooyi retires from the company [...]...
  • Visitors to Irish Whiskey Distilleries Up 13% in 2018 The Irish Whiskey Association (IWA) has published statistics which show that there were 923,000 visitors to Irish whiskey distilleries in 2018. This marks a 13.4% increase on 2017, when visitor numbers reached 814,000. The figures are based on returns from 13 Irish whiskey distillery visitor centres and brand homes located across the island of Ireland. Overseas [...]...
  • Mintel Delivers Ground-breaking Patent Analysis Through New Partnership Mintel, the world’s leading market intelligence agency, now has access to the most advanced patent analysis available in the food & drink and beauty & personal care industries, through its new partnership with Cipher. As the world’s most sophisticated patent analysis system, Cipher harnesses artificial intelligence (AI) to analyse patents globally. The partnership will provide Mintel’s [...]...
  • Resilient Performance by Irish Food and Drink Exports in 2018 Despite a year of unprecedented global volatility, involving political uncertainty, extreme weather events and continuing currency fluctuations impacting competitiveness, the value of Irish food, drink and horticulture exports reached €12.1 billion in 2018, down just 4% from a record high in 2017, according to Bord Bia’s Export Performance and Prospects 2018/2019 report. 2019 marked the [...]...
  • UK’s Largest Packaging Show Welcomes Global Brands to Seminar Programme Coca-Cola, Marks & Spencer, Iceland and Innocent Drinks are just some of the major names taking to the stage as part of Packaging Innovations, Label&Print and Empack 2019’s exclusive seminar programme. The UK’s largest annual event for the whole packaging supply chain, which returns to Birmingham’s NEC on 27 & 28 February 2019, will host [...]...

Sodial, 3A Coop to merge

June 30
10:32 2013

French dairy cooperatives Sodiaal and 3A Coop have announced that the two organisations plan to merge, with completion expected by the end of the year.

Sodiaal operates throughout France, collecting some 4.1 billion litres of milk witth a 2012 turnover of €4.4 billion. It encompasses 12,100 producers, and employs 7,250 people across 49 sites. Its well-known brands include Entremont and Riches Monts (with Bongrain in the cheese sector; Candia, the top-selling drinking milk; and Yoplait (with General Mills).

3A Coop operates in the south-west of France with its headquarters in Toulouse. It collects 468 million litres of milk per year, has 2,000 producers and a turnover of €756 million. Just over 2,000 employees are spread across 21 production sites.

3A Coop president is reported to have said that the merger makes sense in light of the end of milk quotas in 2015, which he believes will cause significant dislocation in the industry. As such, it made sense to merge with Sodiaal in order to protect jobs. He also noted that the merger would create opportunities, and allow projects to be undertaken that would not have been possible with 3A’s resources alone.

About Author

colin

colin

Related Articles



Food & Drink Business Conference & Exhibition 2016

Upcoming Events

  • June 18, 2019Multimodal 2019
AEC v1.0.4

find food jobs

The Magazine

F&D Business Preferred Suppliers

New Subscriber

Subscribe Here



Advertisements