IDAK Food completed the acquisition of a majority stake in Romer's Hausbäckerei.

IDAK Food, a company that owns independent and established companies in the field of food production, completed the acquisition of a majority stake in Romer's Hausbäckerei, a manufacturer of frozen bakery and pastry products. Financial terms were not disclosed. IDAK Food Group is a successful, market-oriented holding company which owns independent and established companies in the field of food production. With their products and services, all the portfolio companies are positioned in the premium sector and chiefly focus on frozen foods.