Vandemoortele to buy Délifrance
Vandemoortele and Délifrance agreed to establish themselves as a new, joint player in the frozen bakery market, with the Belgian family-owned group acquiring the French baker.
Tag: Vandemoortele
Vandemoortele buys Bunge Europe Margarines and Spreads
Vandemoortele signs agreement to acquire the European Margarines & Spreads activities of Bunge. The Belgian family-owned food group has a strong presence in the market segments of margarines and plant-based oils and fats in Europe.
Vandemoortele acquires Italian frozen bakery Lizzi
Vandemoortele acquired Lizzi srl., an Italian specialty producer and distributor of frozen bakery products, from Forno d’Asolo SpA. The transaction is anticipated to be closed in the coming weeks. Terms of the transaction were not disclosed.
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.
Vandemoortele acquires majority stake in Banneton Bakery
Vandemoortele announced it established a new partnership with Banneton, a manufacturer of premium freezer-to-oven croissants, Danishes and pastries in North America. As part of the agreement, Vandemoortele will acquire a majority stake in Banneton, while Victor and Alex Litinetsky, founders of Banneton, will stay invested in the capital and continue to lead the day-to-day management of the business after closing.
Vandemoortele expands presence in Switzerland
Vandemoortele, the producer of deep-frozen baked goods as well as oils, fats and margarines, announced it would increase its presence on the Swiss market.
Vandemoortele builds new production facility in France
Belgium’s Vandemoortele is building a new factory in Torcé in Brittany, to support the production of coffee cake, a market with an annual growth of 3-5%.
