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Announced

Cleon Capital-backed Dagu to merge with Ous Roig.

Synopsis

Cleon Capital-backed Dagu, an operator of agricultural farms, agreed to merge with Ous Roig, an egg producer. Financial terms were not disclosed. “The laying poultry sector in Spain is characterized by being highly fragmented. The new group has the critical mass and the necessary means to grow in all the national sales and export channels. Thee firm has sufficient capital to incorporate other producers from the Iberian Peninsula and undertake the necessary investments to guarantee the highest standards of sustainability, animal welfare and quality," Juan Gigante, Degu General Director.

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