International bakery group, Lantmännen Unibake, has signed an agreement to acquire Australian pastry manufacturer, Bakery Du Jour. The acquisition is a key step to expand Lantmännen Unibake’s global footprint.
Family-owned Bakery Du Jour was founded more than 20 years ago and is a leading supplier of premium pastry products to major Australian retailers as well as food service customers. Bakery Du Jour employs around 90 people and is located in Melbourne, Australia.
Since 2006, Lantmännen Unibake has been successfully exporting pastry products to the Australian market. The acquisition of Bakery Du Jour now supports Lantmännen Unibake’s growth with locally produced products:
Bakery Du Jour has a strong, customer-focused company culture with highly engaged people, an attractive market position as well as business model. Building on our passion for businesses further and continue to deliver great results” says Werner Devinck, CEO of Lantmännen Unibake.
“In order to grow Bakery Du Jour further and realise its full potential, we have been looking for a strong business partner with the necessary skills, experience and industry experience. With Lantmännen Unibake we have found that,” says Fernando Gaspar, owner of Bakery Du Jour.
The transaction is subject to approval by the relevant authorities. Until closing, both companies will continue to operate independently.