News for the baking industry
Vienna / AT. (lli) In the financial year 2006/2007 ending on September 30, Austrian Leipnik-Lundenburger Invest Beteiligungs AG (LLI) will register new record sales totalling 775 million Euro. About one sixth of the sales are generated in Austria and five sixths abroad.
Kecskemet / HU. (wib) Fornetti Frozen Bakers Products and Trading Ltd. opened its first exhibition bakery in Bulgaria last week and added four additional stores since then. The company also plans to complete the construction of a new plant in Ukraine in 18 months. According to «Portfolio.hu» (citing «Napi Gazdaság») the plant will have a monthly capacity of 600 tons. Works on Fornetti’s second Ukrainian production base already started, founder and owner Jozsef Palasti told the newspaper(s).
Utrecht / NL. (gem) Private equity firm Gilde has reached in principle agreement on the acquisition of caramel waffles and caramel biscuits bakery Van der Breggen BV in Tilurg, Netherlands. The intended acquisition will result in a joining of forces between Van der Breggen and Bakkersland Banket, a company recently acquired by Gilde.
