Mergers and Acquisitions

Growers, suppliers, grubbing demonstrations - everything to do with potatoes. That is what the latest edition of Potato Europe was all about. This year, this trade show was held in Doornik/Tournai, Belgium on 4 and 5 September.

The last potatoes were planted at the end of April at PotatoEurope’s demo site and until the end of May the participation demands continued to come in. With less than three weeks to go, time for an update!

Waterleau Group NV has successfully executed an important capital increase which secures the ambitious plans of the company for the future.

ILVO, HOGENT and TRIAS in Belgium are hosting a Peruvian delegation to the Food Pilot (ILVO, Melle, Belgium) to get the production of so-called “tuntas” (freeze dried potatoes) in a small cooperative factory in the Andes.

Starch Europe Welcomes Lantmännen-Reppe and Viresol as members.

Food Sorting Specialist TOMRA today signed an agreement to acquire 100 percent of the shares in BBC Technologies - including BBC Technologies USA.

Pom'Alliance and Pomuni are joining forces in the fresh potato sector. Both companies signed mutual cooperation agreements on March 30, 2017.

Belgian Potato packer Pomuni has acquired its competitor Potato Masters in order to scale up operations in a stagnant European potato market [Update: no, they did not]

The Dewulf group has reached a preliminary agreement for the acquisition of Miedema, the one to go to for development and production of modern technology for storage, sorting, transport and planting of potatoes.

McCain Foods and Pinguin NV have completed the sales agreement of the Lutosa division.

Last week McCain Foods and PinguinLutosa announced an agreement on the sale of the PinguinLutosa potato division. The Belgian Newspaper 'De Standaard' reveals how McCain Foods ended up the preferred buyer instead of Conagra Foods Lamb Weston.

Contrary to what many in the Belgian media had suggested, it is McCain Foods picking up the potato division of the Belgian Frozen Food manufacturer PinguinLutosa and not Conagra Foods Lamb Weston.

As from the 1st of November onwards Marleen Vaesen (1959) will be appointed as CEO of PinguinLutosa. She will take over the position of Hein Deprez, who was CEO of PinguinLutosa to date. Hein Deprez will subsequently, as president of the Strategic Com...

Although PinguinLutosa has not declared who the buyer is of their Lutosa potato processing division, the Belgian Media have made their mind up: Lamb Weston will buy Lutosa.

The Board of Directors of PinguinLutosa have reached a principle agreement on the proposed sale of the Lutosa division. A term sheet was signed in which the entreprise value has been fixed on 225 million euro and the transaction is subject to the fulf...

PinguinLutosa NV (PIN), the Belgian producer of frozen vegetables, rose the most in almost three years in Brussels trading after saying it received unsolicited non-binding offers for its potato division.

TOMRA acquires Belgian sorting machine producer BEST Kwadraat NV for EUR 138m TOMRA Systems ASA (TOMRA), through its fully owned subsidiary TOMRA Sorting AS, has on May 31, 2012 signed an agreement with the owners of technology manufacturer BEST Kwadr...

AVR bvba, manufacturer of agricultural machinery for potato production, recently announced that negotiations between AVR and TKS led to an agreement whereby AVR acquired the potato planter activities from Underhaug / TKS as of April 10, 2012. AVR is...