Acquisitions and Funding

The deal expands Kalmbach’s direct access to local grain supplies and strengthens the company’s broader investments across feed, pet food, and ingredient manufacturing and distribution.

The legally binding divestiture package serves as the mandatory structural remedy required to clear Vandemoortele’s acquisition of French frozen bakery peer Délifrance.

The transaction brings Aberdeen Grain’s 65,000-tonne storage and drying facility Frontier’s ownership and expands the company’s infrastructure in one of Scotland’s key cereal-producing regions.

The deal builds on Novonesis’ original 2013 investment in MicroBioGen and its current 23% stake in the Sydney-based firm, extending a collaboration between the two companies that spans more than a decade.

The completion of the transaction gives Vandemoortele full ownership of Banneton Bakery, strengthening its manufacturing footprint in the United States and reinforcing its commitment to serving the growing demand for premium frozen bakery products across the region