on LDC (EPA:LOUP)
LDC considers acquiring the Pierre Martinet Group
On October 25, 2024, LDC announced its plan to acquire the Pierre Martinet Group, subject to the approval of the Competition Authority. This transaction, which follows exclusive negotiations, would allow LDC to own 100% of the capital of the caterer known for its salads and innovative products such as the "Végétal" range.
The Pierre Martinet Group, with a turnover of 230 million euros in 2023, employs more than 700 people on five sites in France. This acquisition would strengthen LDC's presence in the catering department in mass distribution, in addition to the activities of the Marie brand, in line with its 2026-2027 strategy.
The success of this acquisition depends on the authorization of the Competition Authority and aims to expand LDC's offering and distribution in the delicatessen salad market.
R. E.
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