Breda / NL. (rc) Dutch Royal Cosun U.A. announces that it has decided to investigate the potential sale of Unifine Food + Bake Ingredients (Unifine F+Bi), its pastry ingredients business. Cosun has retained ING Corporate Finance as its financial advisor to conduct a comprehensive review of all strategic options, with the aim of optimising the business.
Unifine F+Bi is one of the leading European specialists developing, producing and supplying food ingredients for the Fine Pastry, Food Service, Ice Cream and Industry. Its product range embraces innovative and up-to-date concepts, which include pastry mixes and fillings, cream stabilisers and mousses, fruit fillings, glazes, chocolate, flavourings, fondants, ice cream ingredients, toppings and decorations. With production facilities in Belgium, Germany, Hungary, Portugal, France, the Netherlands and Romania, supported by a network of sales offices throughout Europe, Unifine F+Bi has achieved a strong European market position and has shown robust financial performance.
Based on the strong growth over the past ten years and attractive growth prospects, Cosun is confident that Unifine F+Bi is now ready to take the next step in its evolution. Cosun will take into account the interest of all stakeholders and on that basis will look for the best options to facilitate the growth strategy of Unifine F+Bi.
OTHER TOPICS FROM THIS SECTION FOR YOU:
- Zabka Group: opens first »Froo« stores in Romania
- Goodfood: Reports Third Quarter 2024 Results
- Greggs: announces new National Distribution Centre
- Greencore: announces H1-2024 trading update
- Orkla ASA: reports strong profit improvement in Q2-2024
- Cloetta AB: announces Q2-2024 interim report
- Axfood AB: Reports Q2-2024 Financial Results
- Chef Robotics: Launches AI-Powered Food Robot
- Conagra Brands: Reports Fourth Quarter 2024 Results
- Limerston Capital sells Village Bakery to Groupe Menissez
- GrubMarket: Buys Major Foodservice Company in Texas
- Lantmännen acquires Entrack AB
- DPC Dash: Concludes H1-2024 with Sustained Expansion
- Norway: Orkla Food Ingredients acquires FDE
- Fondo Italiano d’Investimento co-invests in Casa della Piada
- Greggs: invests in a new frozen manufacturing and logistics site
- Bundeskartellamt imposes fine against «Fritz!» manufacturer AVM
- Yum China: Celebrates Opening of its 200th KCoffee Store
- Beijing intends to roll out 5’400 food production robots
- K-Citymarket: sees significant sales growth in Finland