Rheine-based Apetito AG sells its subsidiary Bonfait B.V. to the Dutch Van Loon Group. Bonfait produces chilled meals for food retailers and wholesalers. All employees will be taken over by the new owner, and the production site in Denekamp, the Netherlands, will be retained, Apetito reports. No details were given on the selling price.
The sale follows strategic considerations of the Apetito AG Group to focus even more on its core business in the future - offering frozen food products and systems for international markets.
The Van Loon Group is a successful Dutch family business in the meat industry based near Eindhoven. With the takeover, the Van Loon Group intends to broaden its strategic position and expand its range to include chilled meals. Bonfait is to remain an independent unit within the Van Loon Group. The proposed transfer is subject to approval by the Consumer and Markets Authority (ACM) and consultation with the works councils of the Van Loon Group and Bonfait.