CSM: finalized acquisition of Best Brands

Diemen / NL. (csm) CSM N.V. announces that it has completed the acquisition of Best Brands, one of the largest premium bakery manufacturers in the United States, effective as of March 19, 2010. The acquisition of Best Brands creates the undisputed market leader in the North American bakery supplies market. The acquisition strengthens CSM´s global leadership position in the segments and product categories that CSM has targeted for future growth, particularly in the in-store bakery market. The agreement to acquire Best Brands was announced in February. The US antitrust waiting period has now expired.