Cooperl is coming out of the pig crisis stronger than ever

Cooperl Arc Atlantique (Lamballe, 5,300 employees, €2B turnover 2016), the French pig processing leader, achieved a net profit of €13M in 2016 against €5M in 2015.

Having bought out the cooked meat activities of La Financière Turenne Lafayette (Madrange, Paul Prédault and Montagne Noire brands) and its eight factories, the Bretagne group is intensifying its investments. The cooperation is going to need more raw material, whereas the profession has been forced to reduce production by 2% a year over the past five years.

In addition, Cooperl is investing €17M in a methanisation plant to deal with the problem of effluents from its farms. The company is thus urging its producers to raise their livestock without GMO or antibiotics to meet customer requirements.

The group already exports 30% of its production and maintains its relationship with China, which accounts for 27% of its overseas sales. It has even opened a breeding farm and plans to create a processing plant with its local partner, New Hope Liuhe. At the same time, Cooperl wishes to boost its market shares in Europe.

Source : Les Echos – 19/06/2017

Photo credit : Cooperl Arc Atlantique