Meppel (NL) | Rennes (FR). (gld) French Bridor Group, part of Groupe Le Duff with a turnover of nearly three billion euros in the last business year and a presence in 100 countries around the world, proudly announces the acquisition of Dutch Pandriks Holding B.V., a company that makes organic and artisanal inspired bakery products. With this major acquisition, Bridor continues its strong global growth and emphasises Groupe Le Duff’s commitment to accelerate its growth in the bakery sector.
Pandriks, a European leading manufacturer in bakery
Founded in the Netherlands in 2012, Pandriks makes artisanal inspired bakery products. The company offers traditional bread made with noble ingredients and organic bread under private label (in-store bake-off) and through its own brand, SlooOW (home bake-off). The two state-of-the-art production facilities in Meppel (NL) and Fulda (Bio Breadness – DE) allow Pandriks to supply the main European retail chains as well as overseas customers. Pandriks has a turnover of 150 million euros (2023) and 400 employees. Under the Bridor umbrella, Pandriks will continue its journey with both its brand and values being preserved.
(Picture: Pandriks Holding B.V.)
Bridor Group and its recipe for success
As a partner to the world’s leading restaurant and hotel professionals, Bridor has been committed to quality and to preserving artisanal know-how for over 30 years. Thanks to production methods that respect the products and thanks to rigorous selection of raw materials, Bridor proposes premium products in over 100 countries. The Group uses methods that are true to French baking know-how, in collaboration with well-known Chefs, such as Maison Lenôtre and the Meilleurs Ouvriers de France. Driven by the same values as Bridor, Pandriks stands out in its market with similar strengths: quality and innovation.
Louis Le Duff, Founding Chairman of Groupe Le Duff: «Through this acquisition, Bridor builds on the strategy of Groupe Le Duff, which has built its success on the priority given to “quality and indulgence on the plate for the well-being of consumers.»
The integration of Pandriks will expand Bridor’s capacity and bolster its product portfolio, particularly in the organic bakery market. It will also strengthen the Group’s foothold in North West Europe and bring on board a talented team of professionals who share a common vision of learning and passing on know-how.
Bridor Group-CEO Philippe Morin: «The acquisition of Pandriks is consistent with Bridor’s strategy. It gives us the opportunity to take a leading position on key markets such as the Netherlands and Germany. This acquisition will also strengthen our teams with the highly experienced, qualified and motivated Pandriks people joining Bridor. Pandriks will bring to life our purpose: Share the bakery cultures of the world.»
Peter van den Berg, CEO of Pandriks: «We are excited about the opportunities that lie ahead as we embark on this new chapter with Bridor. Pandriks has grown significantly in recent years and wants to invest in further expansion to optimally serve our clients. With Groupe Le Duff as our new shareholder, we believe that it is possible to achieve our goals while preserving our unique identity, philosophy and strategy.»
OTHER TOPICS FROM THIS SECTION FOR YOU:
- General Mills: Reports Fiscal 2025 First-quarter Result
- Pret A Manger: Sales rise 10 percent in H1-2024
- General Mills: Sells Its North American Yogurt Business
- HSA Group: acquires majority stake in Bisco-Misr
- One Rock Capital: Plans Acquisition of Europe Snacks
- T.Hasegawa acquires Abelei Flavors
- AB Foods: announces H2-2024 Trading Update
- AB Foods: acquires Australian bakery group
- Pladis Foods: opens regional office in Saudi Arabia
- Hormel Foods: Reports Third Quarter 2024 Results
- Reborn Coffee: Closes Master License Agreement for Sichuan
- Strauss Group: Reports Half-Year 2024 Results
- Grupo Bimbo: Agrees to Acquire Wickbold in Brazil
- Ülker Bisküvi: announces H1-2024 financial results
- Delivery Hero: announces positive H1-2024 results
- Campbell: Reports Q4 and Full-Year Fiscal 2024 Results
- Hain Celestial: Reports Fiscal Q4-2024 Financial Results
- Barry Callebaut: 9-Month Key Sales Figures FY-2023-2024
- Ebro Foods: Net Profit up 17 percent in H1-2024
- Circus Group: Signs Preliminary Agreement With FLC