Belgian company Vandemoortele has announced the acquisition of Délifrance, one of Europe's leading manufacturers of frozen baked goods, previously owned by the French cooperative group Vivescia.

The operation is expected to be completed by the end of 2025 and represents a decisive step in the company's international expansion strategy.

With over 3.200 employees and 14 production centers, Délifrance recorded annual revenue of approximately €930 million (as of June 30, 2024), with a strong presence in the European and Asian markets. The company serves retailers, foodservice operators , and artisan bakers.

Jean Vandemoortele, chairman of the company's board of directors, states that this is "a historic partnership, with a compelling strategy and perfect cultural alignment ." Délifrance's CEO, Robert O'Boyle, also highlighted that this union will reinforce shared values of innovation and excellence in customer service, as well as accelerate the company's growth in Europe, Asia, and North America.

New entity

According to Vandemoortele's CEO, Yvon Guerin, the combination of the two businesses will create "powerful synergies in terms of innovation, product range, customer service and brand building ," also highlighting the solid investment plan that underpins the operation.

The new entity resulting from the acquisition is expected to achieve an estimated global turnover of €2.400 billion, positioning itself as one of the main players in the transformation of the frozen bakery sector worldwide.

This acquisition is part of a series of strategic moves by Vandemoortele, which in the last 12 months has already acquired companies such as Bunge, Lizzi and the Italian Dolciaria Acquaviva.