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Synopsis
Fleury Michon, a French agri-food business quoted at the Bourse de Paris, acquired a 90% stake in Marfo Food Group, the second-largest European player in meals for airline catering. Financial terms were not disclosed. "In accordance with the Strategic Plan, we accelerate our development by making acquisitions. The acquisition of a stake in Marfo allows us to take positions in the rapidly growing airline catering sector, which has become one of the pillars of the Group's activity," Régis Lebrun, Fleury Michon CEO.
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