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Thursday, March 13, 2008
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Terrena Buys into Unicopa Poultry Capacity

Giant French agricultural co-operative Terrena is to acquire the bulk of Unicopa's fresh poultry processing capacity.

The move is as part of a strategic agreement between the two co-operatives.

Terrena will become France's second-largest poultry producer as a result of the deal, behind the Doux group.

Working with Unicopa subsidiary Eolys, Terrena is also setting up a jointly-operated buying group for shared agricultural procurement needs.

Terrena president Hubert Garaud said: "At a time when society is asking us to reduce our use of sprays and fertilisers, we have to find credible alternatives to allow our farmers preserve the environment and remain competitive."

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