September 29, 2021

France's Avril in talks to sell majority stakes in two pork companies

French agri-food group Avril said on September 28 that it was in exclusive talks with meat group Bigard to sell its majority stakes in pork processing companies Abera and Porcgros.

Avril said earlier this year it had decided to sell its animal processing units to focus acquisitions and investment in its core plant-based business and take advantage of a surge in demand for alternatives to meat.

- Reuters