The two firms share numerous harmonies, both being prominent European suppliers of personal tag goods like biscuits, bread substitutes as well as toast.Continental Bakeries concentrates on personal label as well as own brand names such as Haust, Gille, Grabower, Bussink, Brinky as well as Continental Bakeries. The company has a 2,300-strong workforce operating 13 production centers in the Netherlands( headquartered in Dordrecht), Belgium, Germany, Poland and also Sweden.Goldman Sachs has sustained Continental Bakeries ‘growth
since 2016. Video game changer The procurement is a calculated and transformational relocation for Biscuit International to strengthen its placement in the European exclusive tag biscuit as well as bread replacement market. The combining will certainly additionally permit it to boost its geographical impact as well as remain to buy advancement to continue to be at the center of natural, low-sugar and also eco-friendly products, particularly.” The proposed acquisition of Continental Bakeries is a video game changer for Biscuit International, “claimed Giampaolo
Schiratti, Biscuit International’s CEO.”Continental Bakeries is an extremely reputable company in Europe and also its addition to our Group will be transformational, leveraging on a solid tactical fit in regards to item and geographical complementarity.”The purchase will certainly be a substantial turning point in our pursuit to develop the European leader of private label biscuits, for the benefit of our European clients and their customers. We look forward to unlocking additional synergies and also market chances to reveal the full capacity of this combination.