Agrial, Terrena propose merger of French agri-food majors

Core Viewpoint - Agrial and Terrena are proposing a merger to create a combined entity with pro-forma sales exceeding €12 billion ($14.15 billion) [1] Group 1: Merger Details - The merger aims to address challenges faced by farmers, including production development, competitiveness, generational renewal, and sustainable transition [2][3] - Agrial generated a turnover of €7.1 billion last year, while Terrena reported a turnover of €5.6 billion in 2024 [3][4] - The proposed deal will be voted on by the members of both cooperatives at general meetings [4] Group 2: Strategic Rationale - The merger is intended to strengthen the cooperative model around resilient animal and plant sectors and enhance competitiveness across market segments [5] - By pooling expertise and innovation, the merger aims to tackle climate change, energy transition, and promote healthy and sustainable food [6]