The strategic transaction expands Commercial Bakeries’ manufacturing portfolio and strengthens its market footprint across the continent’s rapidly growing specialty, organic, and better-for-you cracker sectors.
The clearance comes more than a year and a half after Vandemoortele agreed to acquire Délifrance, creating one of Europe’s largest frozen bakery groups.
The center will focus on trait integration, yield-trial seed processing, seed quality analysis, and advanced research into root biology, climate resilience, and crop efficiency.
CHS will continue operating the facilities through the fall harvest and will keep buying grain to deliver to processing and river facilities.
The USDA’s FASUSDA’s-FAS projects total EU oilseed production at 32.25 million tonnes, down 1% from the previous year, despite planted area rising by almost 7%.