Rhone Capital L.L.C. has reached an agreement to acquire the bakery supplies businesses of CSM n.v.
March 25/Diemen, The Netherlands/Press Release -- Rhone Capital L.L.C. has reached an agreement to acquire the bakery supplies businesses of CSM n.v. for approximately $1,361 million.
The acquisition includes the European Bakery Supplies and North American Bakery Supplies businesses (excluding Caravan Ingredients) as well as the international bakery supplies activities. Rhone Capital also will acquire the CSM brand name. The businesses Rhone will acquire had aggregate sales of about $3,317 million in 2012.