Bonduelle Demonstrates Emerging Market Appetite (Emerging Europe Food and Drink Insight)

Bonduelle has agreed a deal to purchase the Russian and CIS assets of fellow French food producer CECAB for an undisclosed price


Bonduelle Demonstrates Emerging Market Appetite (Emerging Europe Food and Drink Insight): French canned and frozen food producer Bonduelle has agreed a deal to purchase the Russian and CIS assets of fellow French food producer CECAB for an undisclosed price. The deal includes the D'Auacy and Globus canned food brands, as well as a 6,000 hectare cooperative and a factory in the town of Timachevsk. The acquisition comes shortly after Bonduelle agreed a deal to ramp up its Brazilian exposure and suggests the firm is currently keen to expand its emerging market