Doux sells pet food plant

by Meat&Poultry Staff
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RENNES, France – French poultry group, Doux sold its Stanven pet food plant to a family owned German company, according to Reuters.

Doux received court approval to sell the plant to Saria, a branch of the family owned group Rethmann. The deal was worth €22 million (US$27.5 million), and should bring Doux a net income of €19 million (US$23.7 million), Reuters reported. Rethmann specializes in water management, energy and logistics.

Administrators for Doux are seeking a buyer to take over the entire business. Several companies have shown interest in a partial or full takeover of the company.

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