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Sollio Groupe coopératif

Aliases: 2 aliases
Primary URL Location Industry
sollio[.]coop
Country Canada
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Agriculture
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Sollio Groupe coopératif, also known as Coop fédérée, is an agricultural cooperative headquartered in Canada and recognized as Quebec’s largest agricultural cooperative. The organization provides a range of services and products to farmers, including agricultural inputs, advisory support, and financing through its farmer services division. It also operates a retail hardware store chain under the Groupe BMR brand, which supplies building materials, tools, and home improvement goods to both agricultural and general customers. In addition, Sollio Groupe coopératif holds a controlling interest in Olymel, a major meat processing company, linking the cooperative to the broader food production sector. As a cooperative, it is owned and governed by its member farmers, who benefit from shared resources and collective bargaining power.

The cooperative’s prominence in Quebec’s agricultural landscape stems from its size and integrated service model, which combines supply chain logistics, retail distribution, and processing capabilities under a single member‑owned structure. Its role as Quebec’s largest agricultural cooperative gives it a notable footprint in the provincial market, influencing access to essential inputs and services for a broad base of farming enterprises. The organization’s diversified portfolio—spanning farm supplies, retail hardware, and meat processing—demonstrates a strategic effort to support members across multiple stages of agricultural production and value addition. This integration helps mitigate market volatility and provides members with a reliable source of goods and services that might otherwise be obtained from separate, competing suppliers.

Structurally, Sollio Groupe coopératif operates as a cooperative, meaning its ownership resides with its member farmers rather than external shareholders. This member‑owned status shapes its governance, profit distribution, and strategic priorities, which are oriented toward meeting the needs of its agricultural constituency. The cooperative’s subsidiaries include the Groupe BMR hardware stores and its farmer services division, both of which were directly affected by the ransomware incident that occurred on November 7 2020. While the attack compromised substantial data and threatened public release of stolen information, the controlled entity Olymel remained unaffected, highlighting the segmented impact of the cyber event across the organization’s various business units. The incident positioned Sollio Groupe coopératif as one of Quebec’s most prominent business victims of cybercrime that year, underscoring the operational disruptions that can arise when a large cooperative faces a significant cyber threat.

Incidents
Linked incidents available to members
1 incident