Ghent, 21 August 2007 – The Vandemoortele Group announces that it takes over the Polish frozen bakery business of the Group Dossche, Gourmand Poland.
Gourmand Poland, with a turnover of three million euro in Poland and a number of other Central European countries, produces and sells frozen bakery products. The most important product in the range is the frozen bread. In addition, Gourmand Poland produces frozen puff pastries, Viennese pastries and snacks.
"Thanks to its market knowledge, logistical network and a typically Polish product portfolio, Gourmand Poland offers the Vandemoortele Group accelerated access to the Polish market. The Vandemoortele Group has extensive product knowledge, an extensive portfolio and well-established commercial structures. After the Czech Republic, where Vandemoortele already is a prominent player, Poland will be the second country in Central Europe where we want to strengthen our market position in frozen bakery products," says Eddy de Mûelenaere, Managing Director of the Lipids & Dough Division of the Vandemoortele Group.
"This acquisition confirms our ambition to further invest in growth, amongst others in our frozen bakery products activities, as well as in the Central and Eastern Europe region," stresses Jean Vandemoortele, President of the Group Executive Committee of the Vandemoortele Group.