Canada-based frozen food company McCain Foods has received approval from the European Commission (EC) to acquire the potato division of Belgian frozen vegetables producer PinguinLutosa Food for €225m The approval is conditional upon ...
Tags: frozen food, Food
Cof its fiscal year, benefiting from the knock-on effect of acquisitions and higher volumes. For the nine months to the end of December, Pinguin Lutosa reported net sales up by almost 32% on the same period of the previous year, to ...
McCain Foods has signed a deal to buy the potato division of Belgian vegetable supplier PinguinLutosa. The deal, announced today (19 October), is based on an enterprise value of the division of EUR225m (US$293.2m). It encompasses ...
Tags: McCain Foods, potato division, PinguinLutosa, vegetable
Former Sara Lee executive Marleen Vaesen will become chief executive of Belgium-based produce group PinguinLutosa. Vaesen will take the role next month, replacing Hein Deprez, PinguinLutosa's controlling shareholder. The company said ...
Belgian food group PinguinLutosa has reported a profit for the first half of its current financial year as it prepares for business without potato division Lutosa. PinguinLutosa, which has agreed to sell Lutosa to McCain Foods, booked a ...