Acquisitions and Funding

The deal reflects the company’s ongoing strategy to broaden its product portfolio and reinforce its position in the growing private-label snack segment.

The watchdog provisionally concluded that the merger is unlikely to raise competition concerns in Great Britain, largely because ABF’s bakery arm, Allied Bakeries, is expected to exit the market if the deal does not proceed.

The acquisition will allow Bridor, a subsidiary of the France-based Le Duff Group, to integrate Panamar’s industrial baking capabilities and distribution network across Spain and other European markets.

The acquisition marks a significant milestone in Valeo Foods Group’s long-term growth strategy, focused on acquiring market-leading, iconic local brands as part of its continued European expansion.

The fund is designed to make control investments in small- and lower-mid-cap companies across Africa, targeting what the firm describes as the continent’s largest and most undercapitalized segment.