Announced
Completed
Synopsis
Sanbrandan, a bakery-coffee chain completed the acquisition of Monbake, a Spanish manufacturer of frozen bakery dough and bakery-coffee retail outlets. Financial terms were not disclosed. "The integration of Ipasa under the Monbake umbrella reinforces our growth strategy and consolidates our position in the frozen dough sector. This transaction not only drives the growth of both companies but also creates value for our customers, employees, and shareholders, aligning with our commitment to continued innovation and market leadership," Aurelio Antuña, Monbake CEO.
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