USA: Bunge to sell European margarines and spreads business to Vandemoortele
Bunge, the leading agri-commodities business, has entered into an agreement to sell its European margarines and spreads business to Vandemoortele, a leading European manufacturer and seller of frozen baked goods and plant-based foods. Under the agreement, Vandemoortele will acquire Bunge’s margarines and spreads business in Germany, Finland, Poland and Hungary, together with its spreads and […]
Belgium: Vandemoortele acquires Lanterna-Agritech
Vandermoortele, a leading European player in frozen bakery products, has announced that it is to acquire Lanterna-Agritech (LAG), extending its product range with typically Italian products. LAG employs around 300 people and has production operations in Genoa, Ravenna and Padua. In 2013 its turnover was €87 million ($100 million). Commenting on the deal, LAG spokesman […]