Groupe Doux
Doux Group, founded in 1955 and headquartered in Châteaulin, Finistère (France), is a French food processing company in the industrial poultry production business, exporting poultry-based processed products. In 2014, It was ranked as the largest producer of poultry in Europe, and the third largest in the world. The group is led by Arnaud Marion, who has been the CEO of Doux since late 2012.
In 1933, Pierre Doux started his poultry business in Nantes (France) in 1933. In 1955, he moved to Port Laudnay and opened Doux’s first slaughterhouse. The poultry farming in Breton developed into soilless cultivation which meant the feeding of poultry with food from outside the farming area.
In the 1960s, Doux adopted a hybrid chicken system where different chicken strains could inter breed and gain the benefits of their respective physiological attributes. By now, Doux was working closely with the Institute of Animal Breeding (Institut de sélection animale (ISA)) to retain the best chicken strains according to their physiological attributes. Then later in the 1960s, Doux worked closely with the Institute of Animal Breeding (Institut de sélection animale (ISA)) to retain the best chicken strains according to their physiological attributes. Also during this time, the company bought its first freezing machines in the USA and initiated the development of a trading frozen poultry to the Middle East.
In 1975, Charles Doux became head of the company founded by his father.
In the 1970s, Doux went international and became the first frozen and processed poultry exporter to Saudi Arabia, Qatar and the United Arab Emirates. In 1990, Doux agreed to purchase Père Dodu (full acquisition in 1998), a leading brand of poultry products in France. They set up the delivery location near the coast to avoid any religious problems, blockades or otherwise.
In 1991, Doux bought the brande Père Dodu of the group Guyomarch, which was finalized in 1998 with the purchase of Soprat.
The Gatt agreements signed in Marrakesh in 1994 required the EU to reduce its export aid, and Doux lost half its export market.
In 1998, Doux acquired Francosul, Brazil’s leading poultry processing company for countries where production costs make them more competitive. Following was the development of Brazilian protectionism which indebted Doux 200 million euros. In May 2012, Doux agreed to lease its Brazilian assets to its competitor JBS SA through a 10-year renewable contract, but couldn’t clear its €200 millions debt associated to its Brazilian operations.
In 2004, avian flu brought down the global poultry market. That year, the Doux Group posted a loss of 14 million euros. Between October 2005 and February 2006, sales dropped 15 to 20%, and 25% to 30% between late February and early March 2006. Doux recorded a total loss of 45.3 million euros and the following year a loss of 35.3 million euros. In total, from 2002 to 2008, the turnover of Doux fell 6.7% to $1.5 billion euros. In 2008, Doux recorded a loss of 7 million euros.
...
Wikipedia