date:Jan 22, 2015
ndemoortele said: This acquisition is fully in line with the growth strategy of Vandemoortele and comes on top of our investments in new factories in Lyon and Poland, as previously announced.
The transaction will be completed by the end of this month.
The financial terms of the acquisition were not disclosed.
LAG official Paolo Soldateschi said: Vandemoortele is a strategic partner to strengthen our growth plans for Italy and we are also excited by the prospect to export our authentic focacci