Helsinki / FI. (fg) Fazer initiates strategic co-operation with the Tver bakery OAO Volzhky pekar by purchasing the majority of the bakery´s share capital. Volzhky is the leading producer of fresh bread and coffee bread in the Tver region.
Amsterdam / NL. (csm) Dutch food group CSM NV has reached agreement on the acquisition of Titterington´s, based in Woburn, Massachusetts (near Boston) for 23 million USD. The acquisition is effective per June 11 this year.