LDC to buy number four sandwich firm in France
French processed meat and poultry supplier LDC reinforces its position in the dynamic French sandwich market, announcing earlier this week that it will buy Entracte, the number four player in the French market for sandwiches.
The acquisition of Paris-based Entracte stands to place LDC firmly in the country's number one region for sandwich consumption, Paris and its surrounding region.
"The integration of Entracte will strengthen the group's position in this activity [sandwiches], and establish stronger ties with a key consumption area," LDC said in a statement on Tuesday.
Paris-based Entracte, which sold about 27 million units last year, is expected to post turnover in the region of €26m for 2008.
Details of the deal were not disclosed.