
CSM Ingredients comprises the Rhône Capital-backed CSM Group’s European and International activities and assets dedicated to bakery ingredients.
The division runs eight manufacturing facilities – including one in China and one joint venture in Tunisia – serving more than 45,000 customers in 100+ countries primarily in the artisanal sector and industrial channels with a wide product portfolio focused on bread ingredients, pastry mixes, bakery fats, fillings, glazes, toppings and icings
Key brands include Artisal, Arkady, Braims, Craigmillar, Marguerite, Masterline, MeisterMarken and Ulmer Spatz.
In Europe, its main markets are Germany, Italy, France, the UK and the Benelux region, generating annual revenue of approximately €500m.
Deep sector experience
Investindustrial – which has deep experience in the food & beverage production sector with numerous past investments, such as fruit-based ingredients company Italcanditi and chocolate maker Natra – is particularly interested in CMS Ingredients’ Italian footprint, being the second largest country in terms of sales.
The transaction also offers the UK-headquartered firm a platform for potential acquisition-led growth into China.
Earlier this week, Investindustrial launched a €600m vehicle in partnership with China’s sovereign wealth fund China Investment Corporation (CIC) and Italian lender Unicredit to invest in Italian mid-market businesses.
Andrea C. Bonomi, chairman of the Investindustrial Industrial Advisory Board, said, “CSM Ingredients is a leading player across Europe, with a growing international presence, over 400 salespeople and strong coverage of the region.
"ingredients" - Google News
October 09, 2020 at 04:52PM
https://ift.tt/34AicHS
Investindustrial acquires CSM Ingredients to drive acquisition-led growth in Italy and China - BakeryAndSnacks.com
"ingredients" - Google News
https://ift.tt/2Qstat1
Shoes Man Tutorial
Pos News Update
Meme Update
Korean Entertainment News
Japan News Update
Bagikan Berita Ini
0 Response to "Investindustrial acquires CSM Ingredients to drive acquisition-led growth in Italy and China - BakeryAndSnacks.com"
Post a Comment