Yes to growth, but how? An examination of mergers of cooperative wine producers in the Languedoc-Roussillon region

Grandir, oui, mais comment ? Analyse de la concentration par fusions des coopératives vinicoles du Languedoc-Roussillon

Louis-Antoine Saïsset () and Foued Cheriet ()
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Louis-Antoine Saïsset: Marchés, Organisations, Institutions et Stratégies d'Acteurs - Cirad - Centre de Coopération Internationale en Recherche Agronomique pour le Développement - INRA - Institut National de la Recherche Agronomique - CIHEAM-IAMM - Centre International de Hautes Etudes Agronomiques Méditerranéennes - Institut Agronomique Méditerranéen de Montpellier - CIHEAM - Centre International de Hautes Études Agronomiques Méditerranéennes - Montpellier SupAgro - Institut national d’études supérieures agronomiques de Montpellier, Coop de France Languedoc-Roussillon
Foued Cheriet: Marchés, Organisations, Institutions et Stratégies d'Acteurs - Cirad - Centre de Coopération Internationale en Recherche Agronomique pour le Développement - INRA - Institut National de la Recherche Agronomique - CIHEAM-IAMM - Centre International de Hautes Etudes Agronomiques Méditerranéennes - Institut Agronomique Méditerranéen de Montpellier - CIHEAM - Centre International de Hautes Études Agronomiques Méditerranéennes - Montpellier SupAgro - Institut national d’études supérieures agronomiques de Montpellier, Montpellier SupAgro - Institut national d’études supérieures agronomiques de Montpellier

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Abstract: For nearly a century, cooperatives have played an important role in the agricultural and food industry in France. Since the early 1990s, concentration among agricultural cooperatives has markedly increased. The aim of our work is to analyse this process of concentration (through mergers and acquisitions) of agricultural cooperatives. Our empirical work is based on 14 mergers of cooperative wine producers in the Languedoc-Roussillon region between 2004 and 2010. The main findings show that there are different kinds of merger processes. Some mergers are simply an emergency measure to save failing businesses, while others respond to local policies. Lastly, some mergers are based on real strategic planning to achieve synergies between the cooperatives involved.

Date: 2012
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Published in Revue Internationale de l'Economie Sociale, 2012, 326, pp.45-63. ⟨10.7202/1016868ar⟩

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Persistent link: https://EconPapers.repec.org/RePEc:hal:journl:hal-02642497

DOI: 10.7202/1016868ar

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