Bonduelle - Sale of our packaged salad business in Germany
01 Aprile 2025 - 8:30AM
BONDUELLE
Head office: "La Woestyne" - 59173 Renescure -
FranceBonduelle a French S.C.A (Partnership limited by Shares) with
a capital of 57 102 699,50 eurosRegistered under number : 447 250
044 ( Dunkerque Commercial and Companies Register)
Press ReleaseVilleneuve d’Ascq, April 1, 2025
Sale of our packaged salad business in
Germany
The Bonduelle Group confirms that the assets
relating to its packaged salad business in Germany have been sold
to Taylor Farm on March 31, 2025.
The completion of the project, announced in the
Transform to Win transformation plan on August 29, marks an
important step towards improving the group's operating
profitability. It will also enable the Bonduelle brand to maintain
a strong presence in the German market through its canned and
frozen food business, as well as in the packaged salad segment
through a brand licence granted to the buyer.
The group is also continuing to expand in the
fresh delicatessen market in Europe, and is strengthening its
presence in the American market with the recent launch of the
Bonduelle brand in this region.
The structurally loss-making packaged salad
business in Germany represented sales of 60 million euros for the
group.
The net loss for the period from July 1, 2024 to
March 31, 2025 will be recorded in the group's consolidated
financial statements under discontinued operations in accordance
with IFRS accounting rules.
The gain on disposal of the assets of this
business is not significant and will also be recorded in the
financial statements of June 30, 2025 under discontinued
operations.
About the Bonduelle
Group
We want to inspire the
transition toward a plant-rich diet, to contribute to people’s
well-being and planet health. We are a French family business with
10,409 full-time equivalent employees and we have been innovating
with our farming partners since 1853. Our ready-to-use products are
cultivated on 69,035 hectares and sold in nearly 100 countries,
with sales of 2,371.8 million euros (data as of June 30, 2024)
Our 4 flagship brands
are Bonduelle, Ready Pac Foods, Cassegrain, Globus.
Bonduelle is listed on Euronext Paris
compartment BEuronext indices: CAC MID & SMALL – CAC FOOD
PRODUCERS – CAC ALL SHARESBonduelle is part of the Gaïa
non-financial performance index and employees shareholder index
(I.A.S.)Code ISIN: FR0000063935 - Code Reuters: BOND.PA - Code
Bloomberg: BON FP
PRESS CONTACTS:
Benjamin ZEHNDER – Becoming + 33 (0)6 76 41 18 19 – Email :
benjamin.zehnder@becoming-group.com Vanessa VAZZAZ – Becoming +33
(0)6 34 32 24 23 – Email : vanessa.vazzaz@becoming-group.com
- Sale of our packaged salad business in Germany
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