AB Mauri: OFT Gives Approval For Gb Plange Acquisition

Peterborough / UK. (abm) On Monday 06th January 2014, the Office of Fair Trading (OFT) in the United Kingdom gave regulatory approval for AB Mauri to proceed with the acquisition of Gb Plange from BI Bakery Ingredients Holding GmbH, a wholly owned subsidiary of German Wilhelm Werhahn KG. Following regulatory approval from the OFT (Office of Fair Trading) both businesses will now be working towards completion at the end of January. BI Bakery Ingredients Holding signed a sale and purchase agreement for the sale of the Gb Plange Group to Associated British Foods PLC (ABF) on 02nd October 2013, acting on behalf of its wholly owned subsidiary AB Mauri. The sale will bring together two highly complementary organizations and will build on the strengths of both organizations´ people, products and capabilities.

Gb Plange is a bakery ingredients supplier operating in key European markets including the UK, Italy, Spain, Portugal, Belgium, the Netherlands and France. It offers customers – whether from the craft or industrial sector – a comprehensive programme of high quality bakery ingredients as well as excellent technical application support. Gb Plange has extensive experience and expertise in fermentation, enzyme and flour technology.

AB Mauri operates globally in yeast and bakery ingredients with 49 plants in 26 countries, supplying the bakery industry. It is a technology leader in yeast, bread improvers, dough conditioners and bakery mixes and employs approximately 6’500 people across six regions; International (which includes Europe), North America, Hispano-America, BMCA (Brazil, Mexico and Central America), China and India.

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