Announced
Financials
Tags
Pending
France
Majority
Acquisition
Single Bidder
Food Products
Friendly
vegan food
Private
Synopsis
Bel Group, a multinational cheese marketer, agreed to acquire an 80% stake in All in Foods, a French startup that produces a range of vegan speciality for all the applications. Financial terms were not disclosed. "The Bel Group has enhanced its entry into the plant-based era and confirms its strong ambitions. We continue to diversify our product offering to meet new consumer expectations, and we are guided by our mission to champion healthier and responsible food for all. We believe in the excellence and potential that All in Foods has to offer, to meet the challenge for more sustainable food," Antoine Fievet, Bel Group Chairman and CEO.
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