The acquisition supports the growth strategy of Lantmännen Unibake and the consolidation of bakery operations in Central Europe region. The sale market of Frozen Bakery Products SA includes Romania and neighbor countries such as Bulgaria, Serbia and Greece.
Frozen Bakery Products SA currently employs 80 people.
The parties agreed to keep the acquisition price confidential.
Lantmännen Unibake is owned by 27,000 Swedish farmers through Lantmännen – one of Europe’s largest groups within the energy, machinery, agriculture and food sector.