Infantile milk: the Chinese increase their participation in the Isigny-Sainte-Mère dairy cooperative

Infantile milk: the Chinese increase their participation in the Isigny-Sainte-Mère dairy cooperative

Le partenariat qui dure depuis 8 ans entre les deux entreprises vient d'être renforcé : le groupe chinois H&H est passé de 20% à 49,9% de participation dans la coopérative laitière.Faced with the concern of certain producers, doubts, the management reassures.She thus obtains 10 million euros.

In Isigny-Sainte-Mère, the dairy cooperative strengthens its place in the landscape from year to year.A landscape made of cows of Norman breed, AOP, and other requirements for producers, who undertake to completely oust the GMOs of the food of their animals by 2022.

This is for the local postcard. L'horizon économique de la laiterie est beaucoup plus large : elle travaille aussi pour des marchés internationaux, asiatiques notamment, et de concert avec un groupe chinois, H&H (biostime) depuis 8 ans.

From 20% to 49.9% of capital participation

A group, Chinese number 4 of infantile milk, which first helped finance two laps of drying of milk in Isigny-Sainte-Mère, and took part of 20% in the capital of the cooperative.

Lait infantile : les Chinois augmentent leur participation dans la coopérative laitière d'Isigny-Sainte-Mère

China has turned to health -health companies, a scandal broke out in 2008.Melamine had then been found in infantile milk, intoxicating in China 300,000 babies and killing at least 6.

La présence du groupe H&H n'est donc pas nouvelle sur le sol normand, alors qu'est-ce qui agite les producteurs laitiers de la Manche ?

The Chinese group has just increased its participation significantly by going from 20 to 49.9%.The maximum authorized for an agricultural cooperative.

The decision dates from August 30.The two economic partners are thus committed further and give themselves wages. En investissant ainsi, H&H s'assure que personne ne viendra les doubler en prenant des parts dans la laiterie.For its part, the cooperative recovers 10 million euros.

A win-win investment?

The management of the cooperative is of course reassuring: the partnership has been going well since 2013 and the cooperative could make a horn, if necessary.That is to say, restoring the Chinese group its initial 20%.In short, to believe Daniel Delahaye, director of the factory, nothing changes concretely.

Dairy producers of the Isigny cooperative wonder

The news was announced at the last general meeting.In total, 628 producers deliver their milk to the dairy and some were circumspect at the announcement of this increase in share capital.

Gilbert Michel, Vice-President of the FDSEA of the Manche, dairy cooperator at the head of a herd of 200 dairy cows, is more skeptical than worried.

Export, among other milk powder products, today represents 60% of the turnover of the cooperative, a position which therefore weighs heavy.The outlet on the Chinese market is also for producers a warranty, they also affect their cooperative of milk pay (in other words, the price paid by tonne of milk produced) the highest in France.