:. Food Industry News

Categories: Mergers and Acquisitions

Colruyt Acquires 100% of the French SODEGER Group

Source: Colruyt Group
07/10/2008

On the 6th of October Colruyt Group acquired by its French holding SA Colruyt France 100% of the shares of the French SODEGER Group.

Daily News Alerts

SODEGER is mainly active as a wholesaler of fresh products in the foodservice segment. They are specialised in the distribution of dairy products for social and commercial out-of-home kitchens in the regions Pays de Loire, Basse Normandie and Bretagne. The SODEGER headquarters is established in Château-Gontier (53 rd department Mayenne). During the fiscal year 2007 the group’s turnover reached up to € 48 million.

This acquisition fits in the further development of the activities in the foodservice segment in general, and more in particular in the development of the distribution of fresh products towards out-of-home players.

The French holding SA Colruyt France groups the French activities of the Colruyt Group, as well in the retail segment as in the foodservice segment. The consolidated turnover achieved last fiscal year € 540 million, the equity reached € 67,8 million. The Colruyt Group already employs more than 2000 people in France. 
 



GO   View more articles on this subject


More Alerts from 07/10/2008


Email This Article To A Colleague     Print A Copy Of This Page
 
 
 
 
FLEXNEWS - Business News for the Food Industry

About Us | Contact Us | Terms & Conditions | Privacy Policy
 
Daily News Alerts
Related Items
France: Leclerc Says Crisis to Hit Retail Sector
Inflation Eats Away at French Spending on Food
French Minister Goes to Germany to Sell Shop Law
Walmark Opens Its First Branch in Western Europe
Carrefour CEO: Favors Reform of French Retail Sector...
French Supermarket Workers Strike over Wages
France: E. Leclerc Removes 3 Food Items from Supermarkets...
France: Retail Sector Annual Report 2007
French Supermarket Warns President About Inflation
Carrefour Expects Price Increases in Coming Months...

More in Food Industry News
Vietnam Aims to Avoid Coffee Expansion in 2009
UK: Real Good Food Warns on Profit Again
Tesco Preparing for Tougher Times Ahead
Brown-Forman to Divest Italian Wines
DeMet's Candy Company Acquires the Treasures and Stixx...
Canada Greens File Complaint on Nestle Water Ads
Saputo Completes the Acquisition of the Activities...
Carrefour Plans More French "Carrefour" Brand...
Solae Announces Global Price Increase for Soy Ingredients
Dollar Funding Rates Dip, Japan Pumps Cash

Top Headlines
FDA Reports Significant Progress in Protecting the...
Colruyt Issues Interim Financial Report; Revenues Rise...
UK: Bidders Circle Troubled Woolworths
UK: Confectionery Firm Zetar Could Lose 3% of Turnover...
Ardo Confirms Take-Over of Austria Frost
Oil-and-Fat Composition for Spray, and Method for Production...
Carrefour Still Planning Indian Joint Ventures
Hong Kong Sets Maximum Standards for Melamine in Food
Drought Sends Saffron Price Skyrocketing
Thai Govt to Sell 1.37 Million Tonnes Rice Stocks
Aryzta Q1 Revenue up 32 pct
China Lifts Price Controls on Food -NDRC
SABMiller Looks for Growth in India's Beer Market
Massachusetts Firm Recalls Ready-To-Eat Frozen Beef...
Singapore Food's Majority Shareholder in Talks to Sell...
Coke's Europe Chief Sees Slower Growth Amid Crisis
FDA Defends U.S. Infant Formula; Sets Safe Level
Russia's X5 Retail Group Q3 Net Loss $14.7 Mln
Canada: Health Authorities Say Milk Formula Safe Despite...
Taste Potentiator Compositions in Oral Delivery Systems
Enzyme Preparations Yielding a Clean Taste
T1R1 Receptor Binding Assays for Identification of...


 


FLEXNEWS 2008 - All rights reserved
ISSN 1950-6228