AAK to acquire Belgian bakery fats specialist

- Last updated on GMT

The acquisition of a bakery fats and oils specialist will strengthen AAK's supply to western Europe, it says
The acquisition of a bakery fats and oils specialist will strengthen AAK's supply to western Europe, it says

Related tags: Europe

AarhusKarlshamn (AAK) will acquire Belgium bakery fats specialist CSM Benelux to drive strength in its bakery supplies business, its European president says.

The acquisition, expected to be completed in the next three months, will see AAK acquire CSM Benelux’s Merkshem factory, bakery innovation center and experienced teams.

Europe president Jens Wikstedt said the buy would strengthen the company’s ability to supply bakery ingredients in western continental Europe as well as create cross-selling opportunities for bakery and chocolate and confectionery fats to existing customers.

CSM Benelux pulled in revenues of SEK 970m ($149.1m) last year and should start contributing operating profits to the AAK business during the second half of 2015.

In July last year, AAK acquired Turkey-based fats supplier Unipro from Unilever for an undisclosed sum.

Related news

Show more

Related products

show more

Gluten-Free oats from Finland

Gluten-Free oats from Finland

Raisio Oats | 31-Mar-2021 | Product Catalog

Raisio's high production capacity for gluten-free oats means secure supply, short lead times, a wide range of offerings and competitive pricing. Our...

Explore the EXBERRY® Oil Dispersible range

Explore the EXBERRY® Oil Dispersible range

EXBERRY® by GNT | 19-Jan-2021 | Technical / White Paper

Bring your fat-based applications to life with GNT’s newly expanded oil-dispersible range. GNT has extended its range of oil-dispersible Coloring Foods...

Deep-dive into improving packaging line efficiency

Deep-dive into improving packaging line efficiency

Sidel Group | 03-Nov-2020 | Technical / White Paper

Ever wondered what is the best way to improve your packaging line performance? Learn about the ins and outs of line regulation and accumulations in 3 steps:...

Related suppliers

Follow us

Products

View more

Webinars