French processor Labeyrie Fine Foods' investment in a 50 percent stake in Groupe Aqualande, announced last week, is an "opportunity for both," Stephane Dargelas, sales manager at Aqualande, told IntraFish.
For Labeyrie, one of the leaders in the French salmon sector, it's the first step toward vertical integration, he said, while for Aqualande it means "leveraging knowledge, business know-how" as well making use of Labeyrie's buying, marketing and distribution channels.
"Our interest is to be part of a big group and to maximize on the synergies," Dargelas said, adding the groups' products -- salmon and trout -- go well together.
He
