ING congratulates Vandemoortele on their successful growth story with the acquisitions of Délifrance and Bunge’s European Margarines & Spreads activities. These milestones will accelerate Vandemoortele’s success and shape the future of the frozen bakery market. We are very proud to be a historical banking partner and to now serve as Bookrunner for these transactions. With ING’s focus on the Food & Agri sector globally, we are thrilled to be a partner in this. A big thank you to Yvon GUERIN, Herman Van Steenstraeten, Vincent Lefevere and the entire Vandemoortele team for their continued trust in ING. We wish you a baking bright future! ?????? #Acquisitions #Bakery #Growth #Partnership
Today, we are proud to share that Vandemoortele and Groupe VIVESCIA, a leading French grain cooperative group announce have entered into an agreement relating to the acquisition by Vandemoortele of Délifrance. ? Our CEO Yvon GUERIN ? MANAGING DIRECTOR says: “We respect the heritage and expertise that Délifrance represents. This new combination will allow us to create powerful synergies in terms of accelerated growth, customer service, product range, innovation and branding.†? ??Délifrance is one of Europe’s leading frozen bakery manufacturers, with over 3 200 employees, a network of 14 production sites and annual turnover of approximately €930 million for the year ending 30 June 2024. Its?main presence is in Europe and Asia where it serves retailers, foodservice operators, and artisan bakers. ? Let's shape a tasty future together! ? #Vandemoortele #Délifrance #Acquisition #BakeryProducts #ShapingATastyFuture