The French chicken giant LDC (Loué, Maître Coq, Marie) announced on Friday the signing of the project to acquire “100% of the capital of the Pierre Martinet group”, one of the leaders in the salad market in the restaurant sector and number one of the tabbouleh. in France. The execution of this operation is 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% increase in its net profit, in a context of inflation, to total 304.4 million euros.
LDC wants to “strengthen its presence” in the restaurant sector
Thanks to this acquisition, LDC hopes to “strengthen its presence” in the restaurant sector, along with Marie brand ready meals, it said in a statement.
With a turnover of almost 230 million euros in 2022-2023, the Pierre Martinet group, created in 1968, has more than 700 employees spread across five production centers in France and is developing internationally, according to LDC. It also has a seafood salad business with its brand La Belle Henriette (acquired in 2010, in Vendée), charcuterie and savory pastries products with Maison Randy (acquired in 1997, in Lyon).
Source: BFM TV
