Olymel and Sollio Agriculture make pork purchase

by

Sollio Agriculture, the rebranded agriculture branch of La Coop fédérée, and Olymel L.P have announced plans to purchase pork producer F. Ménard.

The Quebec-based fully integrated pork company employs over 1,200 people, and its activities range from genetics to marketing, by way of animal feed, breeding, slaughtering, and primary and further processing. The company has an annual production of over 1.1 million hogs reared in over 300 farms, which represents 15% of all Quebec production, according to a press release.

F. Ménard is also involved in the poultry production sector, but these activities are not part of the agreement, Sollio Agriculture says. Financial details will not be disclosed, and this deal is subject to approval by the competition bureau.

The sale includes the acquisition of hog farms owned by F. Ménard, a pork slaughtering, cutting and deboning plant, a pork product facility in St-Jean-sur-Richelieu, a further processing plant specialized in bacon production in Henryville, as well as a transportation fleet, and two butcher shops. Olymel L.P will manage all these assets.

This agreement also includes significant milling operations with annual production over 500,000 tonnes, including two mills, and grain storage and drying facilities.

Wake up with RealAgriculture

Subscribe to our daily newsletters to keep you up-to-date with our latest coverage every morning.

Wake up with RealAgriculture

Please register to read and comment.

Privacy Preference Center

Necessary

Necessary cookies help make a website usable by enabling basic functions like page navigation and access to secure areas of the website. The website cannot function properly without these cookies.

gdpr, __cfduid, PHPSESSID, wordpress_test_cookie, woocommerce_items_in_cart, woocommerce_cart_hash, wp_woocommerce_session, wordpress_logged_in, wordpress_sec, wp-settings, wp-settings-time, __cf_mob_redir, wordpress_cache, realag
__cfduid

Marketing

Measuring interactions with the ads on the domain.

__gads,fsk_ut_2317
IDE

Statistics

These are used to track user interaction and detect potential problems. These help us improve our services by providing analytical data on how users use this site.

_ga,_gid,_gat,_cb,_chartbeat2,_chartbeat4
_ga,_gid
metrics_token

Preferences

Preference cookies enable the website to remember information that changes the way the website behaves or looks, like your preferred language or the region that you are in.

chartdefaults, comment_author, comment_author_email, comment_author_url
JSESSIONID, _os_session,anonymous_votes,csrf-param,csrf-token,user,user-id,user-platform,intercom-session,intercom-lou,intercom-session
personalization_id, tfw_exp

 

Register for a RealAgriculture account to manage your Shortcut menu instead of the default.

Register