The acquisition will enable Baker & Baker to leverage its existing customer network and European footprint to expand Lazy Day Foods’ product offering and introduce its customer-facing brand to international markets.
The transaction will expand The Andersons’ Renewables platform by more than 40% and add approximately 215 million gallons of annual ethanol production capacity.
The agreement combines Helios’ African investment experience with Invictus’ agro-food expertise as Merec prepares for its next growth phase.
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.