
The Boundelle Group is expanding its operations in Russia. The company announced it has acquired the industrial assets of the LLC SHOCK frozen vegetable production company located in the Belgorod region.
Bonduelle has been present in the Russian market in canned and frozen food since the mid-1990s. The company established local production of canned vegetables in Russia in 2004 by building a plant in the Krasnodar region, which is located in the south of Russia, and then by the acquisition of an existing plant in the same area in 2012. The frozen vegetable giant operates approximately 10,000 hectares of agricultural land to supply its production facilities.
With the new acquisition, Bonduelle is strengthening its position in Russia and the Community of Independent States.
According to the press release, the Russian frozen market has experienced significant growth, which was supported by the Bonduelle Group through imports (mostly France and Poland). This market is also benefiting from growing consumer interest in value-added ready-to-eat solutions. The new investment will allow the Group to also be present on the mono-vegetable and simple mixes market segment, banned for import by embargo.
The production site will ensure an annual production from 6,000 to 10,000 tons of frozen vegetables within 3 years. About 50 permanent employees will work at the site and Bonduelle will partner with the local agricultural community, developing its know-how in environmentally friendly agricultural practices.