Europastry takes over De Groot Edelgebak bakery
Spanish bakery group Europastry acquired the frozen bakery business De Groot Edelgebak from Ede in the Netherlands. The acquisition strengthens Europastry’s presence in the food service market.
Tag: frozen bakery
Vandemoortele acquires Dolciaria Acquaviva
Vandemoortele announced the acquisition of Dolciaria Acquaviva SpA from Apheon, a mid-market private equity firm, and the Acquaviva family. The Italian business is an established manufacturer of frozen pastry, patisserie, and savory specialties.
Bridor builds production facility in Utah
Bridor is investing in a new manufacturing facility in Greater Salt Lake City, Utah. The Western US plant will be Bridor’s fifth in North America, in addition to those in New Jersey, Connecticut and two in Canada
CVC funds invest in Monbake Group
Private markets manager CVC is investing in Grupo Monbake, a leader in the frozen dough sector in Spain. CVC funds are acquiring the entire stake in Grupo Monbake that was previously held by private equity firm Ardian and its co-investors in this project (Alantra, Artá, and Landon). The price of the transaction has not been disclosed.
DeutscheBack café stand highlights baking concepts
DeutscheBack is presenting its baking concepts for the international bakery industry at its café-inspired iba stand in Munich. The German specialist developed solutions that work worldwide, addressing the challenge of developing product innovations that meet flavor, health and sustainability trends, while being economical to make.
Mademoiselle Desserts acquires Belgian business
Mademoiselle Desserts completed its acquisition of Galana, a Belgian producer of frozen bakery and ice cream products, on June 30. Mademoiselle Desserts now takes over the full bakery and ice cream operations in Waregem, Belgium.
Ferrero acquires Italian frozen bakery specialist
Ferrero Group acquired Fresystem, the Italian company that specializes in frozen bakery goods and is behind the Cupiello brand, for an undisclosed amount. The transaction is expected to close in the upcoming months.
George Weston sells Weston Foods fresh and frozen businesses
George Weston announced that it has signed an agreement to sell its Weston Foods fresh and frozen bakery businesses to FGF Brands Inc. for CAD1.2 billion.
