Belgian frozen vegetable processor Dujardin Foods is to acquire its Spanish counterpart Congelados De Navarra for an undisclosed sum.
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Dujardin, one of the top three Belgian frozen vegetable producers, is on the lookout for further acquisition opportunities, chairman Philippe Haspeslagh said. Its consolidated annual turnover is in excess of €150m (US$179.4m) and it employs some 700 members of staff.
The Spanish company is a European market leader in the production of frozen broccoli, reported Belgian business news portal zakelijk internet. It already exports 57% of its output to Belgium.
