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Mar 7, 2023

Sollio Continues Consolidation Path

Sollio Cooperative Group will continue along the path of consolidation and optimization of its assets that it took at this time last year. Pascal Houle, chief executive officer of Sollio Cooperative Group, says these actions are part of a necessary and adapted plan, which was first deployed in 2022, and which provides for the consolidation of activities, the recovery of some operations, and the optimization of assets, after many years of expansion. This plan also aims to reduce the company's debt and achieve a better financial ratio, thus ensuring the co-operative's sustainability, while avoiding as much as possible the impact on members' agricultural businesses. The delivery of the asset optimization plan will give the group the flexibility and means to achieve its ambitions.”   

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