International bakery company Lantmännen Unibake has acquired the production equipment and employees from French Bakery Company AS, a Norwegian bakery located close to Drammen.
The acquisition strengthens Lantmännen Unibake’s position in Norway and will provide opportunities for expansion with new products for foodservice and retail.
“French Bakery Company is a modern bakery with high bake-off expertise and quality standards. Geographically, the bakery is well positioned for our current Norwegian operations and fits into our strategy and ambition. Building on our focus on sustainability from field to fork, locally produced bakery products and short time-to-market, we believe there is a very good potential to grow the business further and continue to deliver great results,” Werner Devinck, CEO of Lantmännen Unibake said. Thomas Bjarkholm, Managing Director of Lantmännen Unibake Norway added: “Lantmännen Unibake Norway sees strong growth potential for bake-off products in Norway and our focus is to meet the needs of our foodservice and retail customers. With increased flexibility, tailor-made and locally produced products, the acquisition will expand our current offer. It enables our business to strengthen our sustainability efforts through locally sourced raw materials and locally produced products, while also supporting our target to reduce the CO2 footprint through shorter transportation distances.”