Bonduelle continues its development in frozen food in the United States with the acquisition of the Lebanon plant
12 Février 2019 - 8:01AM
BONDUELLEA French SCA
(Partnership Limited by Shares) with a capital of 56 942 095
EurosHead Office: La Woestyne, 59173 Renescure, FranceRegistered
under number: 447 250 044 (Dunkerque Commercial and Companies
Register)
Villeneuve d'Ascq, France, February 12, 2019 -
Press release
Bonduelle continues its
development in frozen food in the United States with the
acquisition of the Lebanon plant
The Bonduelle Group announces that it has
reached a definitive agreement with the American company Seneca
(NASDAQ: SENEA, SENEB) to acquire its plant in Lebanon
(Pennsylvania, USA).
This plant, which is used for the packaging of
frozen products, was built in 2008 and acquired by Seneca in 2010,
has a capacity of 45,000 tons on 7 packaging lines in perfect
working order, with a large storage capacity, and has 140 permanent
collaborators.
The Bonduelle Americas Long Life business unit
(BALL), which until recently was limited in its development
capacity, is thus completing its frozen industrial facility in
North America, with 4 industrial facilities in the Eastern United
States and 6 in Canada. In addition to the additional packaging
capacity generating revenue, this acquisition will allow both
industrial and logistical synergies with existing facilities and
will offer enhanced quality of service for the benefit of BALL
business unit customers.
This acquisition, including industrial assets,
stocks of frozen products and the personnel of the Lebanon
industrial site, effective February 11, 2019, will, given the
seasonality of the activity, be accretive from the 2019-2020
financial year.
Investor relations contacts: BONDUELLE -
finance@bonduelle.comPress contacts / Public relation
firm:Benjamin ZEHNDER - RP carrées - Tel:
+33.(0)6.76.41.18.19 - Email:
benjamin.zehnder@rp-carrees.comVanessa VAZZAZ - RP carrées -
Tel: +33.(0)3.28.52.07.42 / C: +33.(0)6.34.32.24.23 Email:
vanessa.vazzaz@rp-carrees.com
About BonduelleBonduelle, a family
business, was established in 1853. Its mission is to be the world
reference in "well-living" through plant-based food. Prioritizing
innovation and long-term vision, the group is diversifying its
operations and geographical presence. Its vegetables, grown over
more than 130,000 hectares all over the world, are sold in 100
countries under various brand names and through various
distribution channels and technologies. An expert in agro-industry
with 54 industrial sites or owned agricultural production sites,
Bonduelle produces quality products by selecting the best crop
areas close to its customers.Bonduelle is listed on Euronext
compartment AEuronext indices: CAC MID & SMALL - CAC FOOD
PRODUCERS - CAC ALL SHARESBonduelle is part of the Gaïa
non-financial performance index and employee shareholder index
(I.A.S.)Code ISIN : FR0000063935 - Code Reuters : BOND.PA - Code
Bloomberg : BON FPFind out about the group's current events and
news on Twitter @Bonduelle_Group, and its financial news on
@BonduelleCFO
- Lebanon- CP février 2019 - GB.pdf
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