Olymel, s.e.c. and La Coop fédérée acquire pork and milling assets from F Ménard
On July 9, 2019, management of La Coop fédérée and its Olymel and Sollio Agriculture divisions announced an agreement with F. Ménard to acquire all of its pork and milling assets in Montérégie, Quebec.
The assets being acquired include hog farms owned by F. Ménard, a pork slaughtering, cutting and deboning plant located in Ange-Gardien, a pork product facility in St-Jean-sur-Richelieu, a further processing plant specialized in bacon production in Henryville, as well as a large transportation fleet, and finally two specialized butcher shops. Also included in the agreement are two mills located in Saint-Pie-de-Bagot and Ange-Gardien, as well as grain storage and drying facilities in Sainte-Brigide-d'Iberville. F. Ménard's facilities account for 15% of all pork production in the province.
La Coop fédérée is the largest agri-food company in Quebec, a cooperative of both producers and consumers focused on the distribution of local grain, meat, and produce.
McCarthy Tétrault is advising La Coop fédérée and its Olymel and Sollio Agriculture divisions with a team led by Éric Gosselin that includes Matthieu Rheault, Véronique Harvey-Bertrand, Eloïse Gagné, Jordan Bélanger, Camille Marceau and Alexis Hudon (Business), Dominic Thérien and Julien Beaulieu (Competition), Anthony Sylvain and Alexandra Carbone (Tax), Annie Gagnon-Larocque, Louis-Martin Dubé and Nadir Pracha (Real Property), Dominique Amyot-Bilodeau (Environment), and Diana Theophilopoulos (Labour & Employment).