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Lutosa
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Nomad Foods Completes Acquisition of Findus Sverige for £500m
Nov 4, 2015British Virgin Islands-based packaged food company Nomad Foods has completed the acquisition of frozen food brand Findus Sverige AB for £500m from LionGem Sweden 1 AB. The acquisition includes Findus' European businesses in ...
Tags: Nomad Foods, frozen food, Findus
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Mccain Foods Has Received Approval From The European Commission
May 30, 2013Canada-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
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Kerry Foods Is Launching a New Scottish Range of Regional Specialities
Jan 29, 2013Cof 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 ...
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M&A Activity Rebounded in The Food Sector This Year
Dec 20, 2012There were, despite continued economic uncertainty in many Western markets and concerns over slowing growth in the East, signs that M&A activity rebounded in the food sector this year. Data for the whole of 2012 has not yet been published ...
Tags: European M&A advisors, food sector, Food
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Herwig Dejonghe Has Admitted He Did Not See Why The Company Had to Sell Potato Business
Dec 13, 2012PinguinLutosa COO Herwig Dejonghe has admitted he did not see why the company had to sell potato business Lutosa to McCain Foods - but has expressed confidence about the European food group's future. The Belgium-based firm agreed to ...
Tags: PinguinLutosa, potato business, McCain Foods, Lutosa
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McCain Signs a Deal to Buy The Potato Division of Belgian Vegetable Supplier Pinguinlutosa
Dec 12, 2012McCain 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
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Just-Food Brings You a Few Highlights of What You Can Expect From The Event Attending
Dec 11, 2012As SIAL enters into its fourth day in Paris, just-food brings you a few highlights of what you can expect from the event attending by companies and executives from across the food manufacturing and retailing sectors. Belgian vegetable ...
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Marleen Vaesen Will Become Chief Executive of Belgium-Based Produce Group PinguinLutosa
Dec 11, 2012Former 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 ...
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Belgian Food Group Pinguinlutosa Has Reported a Profit
Dec 10, 2012Belgian 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 ...
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The Potato Unit of Pinguinlutosa for Eur225m Is Acquired by Mccain
Dec 4, 2012McCain Foods,a frozen food company based in Canada,has entered into an agreement to acquire the potato unit of Belgian frozen vegetables producer PinguinLutosa for EUR225m. The acquisition includes Lutosa's operations in ...
Tags: frozen food, agreement, acquire, potato