Bridor announced the acquisition of PANDRIKS Holding B.V., a Dutch bakery specializing in organic and artisanal-inspired products. PANDRIKS has a turnover of EUR 150 million (2023) and 400 employees. “Under the BRIDOR umbrella, PANDRIKS will continue its journey with both its brand and values being preserved,” the company detailed in an announcement.
With a turnover of nearly EUR 3 billion in 2024 and a presence in 100 countries, the LE DUFF Group plans to accelerate its growth in the bakery market, as the recent acquisition made by its subsidiary, BRIDOR, shows.
The integration of PANDRIKS will expand the group’s production capacity and bolster its product portfolio, particularly in the organic bakery market. It will also strengthen the Group’s foothold in North West Europe.
PANDRIKS was founded in the Netherlands in 2012 and manufactures traditional bread and organic bread under private labels for in-store bake-off. The bakery also has its own brand, SlooOW, with products for at-home bake-off. PANDRIKS has two state-of-the-art production facilities in Meppel (the Netherlands) and Fulda (Bio Breadness – Germany), from which it supplies the main European retail chains as well as overseas customers.
Through this acquisition, BRIDOR builds on the strategy of LE DUFF Group, which credits its success to priorizing “quality and indulgence on the plate for the well-being of consumers,” according to Louis LE DUFF, Founding Chairman of the Group.
Philippe Morin, Worldwide CEO, BRIDOR, commented on the news: “The acquisition of Pandriks is consistent with Bridor’s strategy. It gives us the opportunity to take a leading position in key markets such as the Netherlands and Germany. This acquisition will also strengthen our teams with the highly experienced, qualified and motivated people from Pandriks joining Bridor. Pandriks will bring to life the Bridor purpose: “Share the bakery cultures of the world”.
Peter van den Berg, PANDRIKS CEO, also said: “We are excited about the opportunities that lie ahead as we embark on this new chapter with Bridor. Pandriks has grown significantly in recent years and wants to invest in further expansion to optimally serve our clients. With LE DUFF Group as our new shareholder, we believe that it is possible to achieve our goals while preserving our unique identity, philosophy and strategy.”
Photos: Pandrix social media