French firm Sodiaal yesterday confirmed that their merger with fellow dairy group 3A was finally completed.
In use of last year, the groups announced their intention to join forces in order to "combat expected changes in the dairy industry" with the end of EU mil quotas just around the corner in 2015.
Sodiial is France's largest dairy cooperative, and in 2012 their sales reached €4.4 billion. With the merger of these two companies, the combined milk production is expected to exceed 5 billion litters, and $6.8 billion.
Damien Lacombe , who is the new president of Sodiaal Union said that "this alliance is the result of a history with our friends 3A. Together we will build as a leading dairy cooperative world of tomorrow, professionalism recognized and profitable growth. "
3A produces frozen deli goods, yoghurt, why and a broad portfolio of cheeses.
