View all newsletters
Receive our newsletter - data, insights and analysis delivered to you
  1. News
April 7, 2005

SWEDEN: Accent Equity acquires BakeMark Sverige

Private equity specialist Accent Equity has reached agreement in principle to acquire all operations and assets of BakeMark Sverige, Swedish subsidiary of Dutch food ingredient producer CSM NV, it said today (Thursday).

Private equity specialist Accent Equity has reached agreement in principle to acquire all operations and assets of BakeMark Sverige, Swedish subsidiary of Dutch food ingredient producer CSM NV, it said today (Thursday).

Headquartered in Stockholm the company employs approximately 100 people with revenues in 2004 of € 28 million (US$36.1m).

“BakeMark has created a strong position in the Nordic market for bake-off products and bakery ingredients,” said Jan Ohlsson, CEO of Accent Equity Partners. “Together with company management we have identified several distinctive growth possibilities based on organic growth and selective acquisitions.”

“We are looking forward to continue developing BakeMark together with our new owners”, said Bernt Lindberg, CEO of BakeMark. “The market for bake-off products is experiencing rapid growth and we foresee a great potential in expanding our sales to new markets and new product offerings.”

Related Companies

NEWSLETTER Sign up Tick the boxes of the newsletters you would like to receive. A weekly roundup of the latest news and analysis, sent every Friday. The industry's most comprehensive news and information delivered every other month.
I consent to GlobalData UK Limited collecting my details provided via this form in accordance with the Privacy Policy
SUBSCRIBED

THANK YOU

Thank you for subscribing to Just Food