Dutch food group Royal Cosun has snapped up French bakery ingredients supplier Caullet.
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The deal, for an undisclosed sum, also includes Caullet’s export arm, Caulinter.
Cosun said the businesses would become part of its Unifine F&Bi unit, which supplies ingredients to bakers, confectioners and ice cream producers.
Unifine F&Bi has offices in nine European countries and the Caullet acquisition will boost Cosun’s presence in France, where Caullet is market leader in glazes and fondants.
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By GlobalData
