The investment will support capacity growth in Morocco and push expansion across Sub-Saharan Africa.
The move marks a significant milestone for Stellar Snacks as it continues to expand its national footprint across the United States.
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 commitment underscores Mars Canada’s long-term confidence in the province as a strategic hub for its North American operations.