Wessanen France, the subsidiary of Dutch food group Royal Wessanen, is to acquire Laboratoires Lehning’s shares in Distriborg Group.


The transaction, announced today (2 September), includes a total of 159,667 shares representing 9.92% of Distriborg’s share capital. It was finalised at a price of EUR140 (US$203) per share, amounting to a total of EUR22.4m paid in cash.


Wessanen France now holds 99.6 % of Distriborg’s shares and said it will make a public offer for the remaining 0.4 % of the shares, if required, in order to delist Distriborg from Euronext Paris “as soon as reasonably feasible”.


Wessanen initially acquired 89.7% of the shares in Distriborg Group in 2000.


Wessanen said Distriborg, a food distributor, is the largest operating company within its European portfolio, with profitability already in line with its strategic target and with a strong balance sheet.

GlobalData Strategic Intelligence

US Tariffs are shifting - will you react or anticipate?

Don’t let policy changes catch you off guard. Stay proactive with real-time data and expert analysis.

By GlobalData

Just Food Excellence Awards - Have you nominated?

Nominations are now open for the prestigious Just Food Excellence Awards - one of the industry's most recognised programmes celebrating innovation, leadership, and impact. This is your chance to showcase your achievements, highlight industry advancements, and gain global recognition. Don't miss the opportunity to be honoured among the best - submit your nomination today!

Nominate Now