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Eureden sells majority stake in André Bazin to charcuterie peer Arcado
Yahoo Finance· 2025-11-03 10:35
Core Insights - Eureden has agreed to sell a majority stake in its charcuterie business André Bazin to local peer Arcado, aiming for growth in high-quality regional charcuterie and expansion of operations [1][2] - The deal is designed to support Eureden's strategy of developing supply chains connected to upstream producers, particularly pig farmers within the cooperative [2] - The transaction is expected to ensure the long-term viability of André Bazin while maintaining its management and production sites in the Franche-Comté region [3] Company Overview - André Bazin specializes in charcuterie and ingredients, primarily serving manufacturers and foodservice customers, and had a turnover of €120 million last year [2][5] - Arcado, based in Franche-Comté, produces regional charcuterie for supermarkets and generated a turnover of €116 million ($133.4 million) last year [4] - Eureden, formed through the merger of D'aucy and Triskalia co-operatives, has a group turnover of €3.8 billion ($4.45 billion) in its 2024 financial year [5][6] Strategic Goals - The partnership between André Bazin and Arcado is expected to balance the customer mix across supermarkets, hypermarkets, foodservice sectors, and industrial clients [3] - The deal is anticipated to align with Arcado's strategy of organic expansion as a platform for small and medium enterprises (SMEs) [3] - The completion of the deal is pending competition clearance and is expected to finalize early next year [4]