COPENHAGEN, DENMARK — Lantmännen Unibake, an international bakery company with 35 bakeries around the world, has agreed to acquire Bakery Du Jour, an Australian-based pastry maker. Financial terms of the transaction were not disclosed.
Headquartered in Melbourne, Australia, Bakery Du Jour has 90 employees and supplies premium pastry products to major Australian retailers and food service customers.
The acquisition of Bakery Du Jour is expected to build on Lantmännen’s efforts to expand its global footprint.
“Bakery Du Jour has a strong, customer-focused company culture with highly engaged people, an attractive market position as well as business model,” said Werner Devinck, chief executive officer of Lantmännen Unibake. “Building on our passion for baking, quality focus and innovation, we believe there is great potential to grow the combined businesses further and continue to deliver great results.”
Fernando Gaspar, owner of Bakery Du Jour, added, “In order to grow Bakery Du Jour further and realize its full potential, we have been looking for a strong business partner with the necessary skills, experience and industry expertise. With Lantmännen Unibake we have found that.”
Lantmännen Unibake’s portfolio includes such brands as Hatting, Schulstad, Schulstad Bakery Solutions, Schulstad Royal Danish Pastry, Bonjour and others. The company has sales of €1.1 billion and employs 6,000 people in more than 20 countries.