Announced
Synopsis
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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