Announced
Completed
Synopsis
Gemoss, a supplier of pastry and culinary ingredients, tableware and kitchenware, professional equipment, completed the acquisition of Sangaida, a provider of professional kitchen equipment and hospitality supplies. Financial terms were not disclosed. “This has been a carefully considered and strategically important step in our operations. It will not only strengthen our positions in the Baltics, but will also allow us to offer new opportunities to our partners and customers. At the same time, it will promote the presence of both Gemoss and our partner brands in the Baltic market,” Ieva Treija, Gemoss CEO.
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