Bonduelle in discussions for the acquisition of the Lebanon frozen plant in United States

Date : 22/01/2019 @ 08h01
Source : GlobeNewswire Inc.
Valeur : Bonduelle (BON)
Cours : 23.4  0.05 (0.21%) @ 17h39
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Bonduelle in discussions for the acquisition of the Lebanon frozen plant in United States

Bonduelle (EU:BON)
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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, January 22, 2019 - Press release

Bonduelle in discussions for the acquisition of the Lebanon frozen plant in United States

The Bonduelle Group announces they have entered into discussions with the American company Seneca Foods Corporation (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.

This acquisition, including industrial assets, frozen product stocks and the employees at the Lebanon industrial site, is expected to close in the coming weeks.

Investor relations contacts: BONDUELLE - finance@bonduelle.com

Press 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 Bonduelle

Bonduelle, 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 FP

Find out about the group's current events and news on Twitter @Bonduelle_Group, and its financial news on @BonduelleCFO

Attachment

  • Lebanon- CP janvier 2019 - GB.pdf
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