Netherlands: Borgesius acquires Bakkersland
Borgesius, the Netherlands-based bakery firm specialising in 'bake-it' bread products for the retail and out-of-home sector, has acquired fellow Dutch bakery firm Bakkersland from private equity firm Parcom Capital, according to a report in Levensmiddelenkrant.
Bakkersland supplies a varied assortment of fresh bakery products for the retail industry, including breads and rolls, specialty bakery goods including brioches, muffins, egg cakes, currant buns and apple pies, and patisserie products including small pastries, cream-filled pastries, pies and tarts.
The new combined entity will have twenty bakery facilities spread across the Netherlands, Levensmiddelenkrant reports.
Commenting on the move, Borgesius CEO Chris Deen said: "This is an ideal step for both firms. The merger will allows us to invest in knowledge, technology and products, in order to better serve the market. Over recent years we have invested in overhauling and modernising our bakeries, which has put is in the right position to move forward together".
Source: Levensmiddelenkrant / Bakkersland