LDC Wraps Up Deal for French Salads Maker Pierre Martinet
French agri-food company and major poultry producer Societe LDC SA announced that it has wrapped up the acquisition for an undisclosed amount of Pierre Martinet Group, a local family-owned salad maker.
The transaction was agreed upon in October, following exclusive negotiations that started in May. Completion came shortly after the parties announced in April that all required regulatory clearances had been collected.
The acquisition allows LDC to be present in 70% of the product families in supermarket and hypermarket convenience food departments...
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