2024-10-27 15:56:00
With a turnover of nearly 230 million euros in 2022-2023, the Pierre Martinet group, created in 1968, has more than 700 employees spread across five production sites in France and is expanding internationally according to LDC .
The French chicken giant LDC (Loué, Maître Coq, Marie) announced on Friday the signing of the acquisition project “of 100% of the capital of the Pierre Martinet group”, one of the leaders in the catering salad market and the number one tabbouleh in France. The completion of this operation remains subject to prior authorization from the Competition Authority.
LDC announced on May 28 that it had entered into exclusive negotiations with the Pierre Martinet group, the “intractable caterer”. During its 2023-2024 financial year, LDC recorded a 35.5% jump in its net profit, against a backdrop of inflation, to total 304.4 million euros.
LDC wishes to “strengthen its presence” in the catering department
Thanks to this acquisition, LDC hopes to “strengthen its presence” in the catering department, alongside the ready meals of the Marie brand, he said in a press release.
With a turnover of nearly 230 million euros in 2022-2023, the Pierre Martinet group, created in 1968, has more than 700 employees spread across five production sites in France and is developing internationally, according to LDC. It also has a seafood salad business with its La Belle Henriette brand (acquired in 2010, in Vendée), charcuterie products and savory pastries with Maison Randy (acquired in 1997, in Lyon).
1730055269
#French #chicken #giant #LDC #finalizes #absorption #tabbouleh #leader #Pierre #Martinet
