| Make foodmate.com your Homepage | Wap | Archiver
Advanced Top
Search Promotion
Search Promotion
Post New Products
Post New Products
Business Center
Business Center
 
Current Position:Home » News » Condiments & Ingredients » Oil & Fats » Topic

AAK completes acquisition of CSM Benelux NV in Merksem

Zoom in font  Zoom out font Published: 2014-06-30  Views: 19
Core Tip: AAK announced on April 9, 2014 an agreement to acquire the oils and fats business of CSM Benelux NV in Merksem, Belgium.
AAK announced on April 9, 2014 an agreement to acquire the oils and fats business of CSM Benelux NV in Merksem, Belgium. The company is a leading bakery fats supplier to the bakery markets in Belgium, the Netherlands and France and provides a variety of bakery fat solutions, margarines and pumpable shortenings. The transaction is scheduled to be executed on July 1, 2014 and will be consolidated into Food Ingredients.

The acquired business employs around 100 people and had revenues of approximately SEK 970 million in 2013. The integration work will start immediately.

Acquisition related costs will be charged to the second quarter of 2014. As earlier communicated, the acquisition will start contributing to AAK’s operating profit during the second half of 2015.

 
 
[ News search ]  [ ]  [ Notify friends ]  [ Print ]  [ Close ]

 
 
0 in all [view all]  Related Comments

 
Hot Graphics
Hot News
Hot Topics
 
 
Powered by Global FoodMate
Message Center(0)