AAK has agreed to acquire the oils and fats business of CSM Benelux NV.
April 9/Åndalsnes, Norway/Press Release -- AAK has agreed to acquire the oils and fats business of CSM Benelux NV in Merksem. The company is a bakery fats supplier to the bakery markets in Belgium, the Netherlands and France. The acquired business employs around 100 people and had revenues of approximately $149 million in 2013. The business provides a variety of bakery fat solutions, margarines and pumpable shortenings.
The acquisition includes the factory in Merksem and a bakery innovation center.