BONDUELLE
Headquarters: “La Woestyne” – 59173 Renescure – France
Bonduelle is a French SCA (partnership limited by shares) with a capital of 57 102 699.50 euros
Registered under number: 447 250 044 (Dunkirk Trade and Companies Register)
Press release
Villeneuve d’Ascq, August 29, 2024
The Bonduelle Group announces sales plans
its packaged salad business in France and Germany.
Over the last decade, the Bonduelle Group has faced a structural decline in salad consumption in France and Germany, exacerbated by inflation and increasing competition from private labels, leading to a steady decline in the results of the freshly packaged salads business in these countries.
The Bonduelle Group is today announcing to its employees and representatives several projects aimed at securing the company’s long-term future:
-
the resizing of Bonduelle Frais France with the plan to streamline the headquarters structures and cease operations at the Saint Mihiel site, as well as the search for a buyer,
-
Exclusive negotiations with Les Crudettes, a company of the LSDH Group, for the acquisition of the packaged salads business in France,
-
and exclusive negotiations with Taylor Farms to take over the packaged salad business in Germany.
These projects are necessary to preserve jobs at the Bonduelle Group’s sites in France and Europe. They will shift the focus to Bonduelle’s other business activities, allowing the Group to further develop its activities in the fresh delicatessen, canned and frozen food markets in these territories.
The North American and Italian fresh produce businesses are not affected by these projects. They are subject to different market dynamics and will continue and expand their activities in the fresh salad and delicatessen categories.
Discussions and consultations began today and will continue in the coming weeks with employee representatives. True to its values, the Bonduelle Group is determined to design and implement the best social support for each of these measures during this period of change.
These transactions are subject to the necessary approvals and, if confirmed, the Bonduelle Group is confident that the LSDH Group and Taylor Farms will be able to restart business in their respective regions.
In addition, the Group is currently reviewing the value of its assets in the salad business in North America. The impact of this would be reflected in the consolidated financial statements as of June 30, 2024.
About the Bonduelle Group
For more information, visit www.bonduelle.com |
About the LSDH Group GROUPE LSDH is an independent, family-run ETI with strong values of passion, ambition and humanity, which has been developing for over a century in the field of liquid foods (milk, juices, vegetable drinks, fruit drinks, etc.) and, since 2014, with the acquisition of LES CRUDETTES, in the field of ready-to-eat salads. For more information, visit www.lsdh.fr |
About Taylor Farms Taylor Farms is a leading North American producer of salads and healthy fresh food products with production facilities in the United States, Canada and Mexico. Taylor Farms places great emphasis on quality, security of supply, innovation, sustainability and food safety. Taylor Farms is a family-owned business based in Salinas, California. For more information visit www.taylorfarms.com |
PRESS CONTACTS:
Benjamin ZEHNDER – Becoming + 33 (0)6 76 41 18 19 – Email: benjamin. [email protected]
Vanessa VAZZAZ – Becoming +33 (0)6 34 32 24 23 – Email: [email protected]
Attachment