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Announced

Orkla Food Ingredients to acquire Vamo produkten voor de Bakkerij.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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bakery products

Friendly

Pending

Netherlands

Food Products

Private

Acquisition

Single Bidder

Synopsis

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Sonneveld Group, a wholly-owned subsidiary of Orkla Food Ingredients, the leading bakery and ice cream ingredient player in the Nordic region, agreed to acquire Vamo produkten voor de Bakkerij, which manufactures specialised concentrates and ingredient mixes for sale to manufacturers of artisan and industrial bakery products. Financial terms were not disclosed. “Vamo is a well-run company with a good customer base and a product portfolio that is a good fit with Sonneveld. The acquisition of Vamo will complement Sonneveld’s position as a supplier of ingredients and accessories to the bakery market,” says Peter Verhagen, CEO of Sonneveld.

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