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LeSaffre buys North American baking ingredients company
17 Jul 2018The acquisition will enhance Lesaffre's performance ingredient offering to the baking market, the company said, and will bring together great expertise to generate value for its customers.
Lesaffre has purchased baking ingredients company Delavau Food Partners who are based in North America.
“This acquisition will enhance our performance ingredient offering to the baking market. The addition of Delavau to our existing capabilities will bring together great expertise to generate value for our customers,” said Tom Benner, President and CEO of Lesaffre Yeast Corp. “Our teams are excited for this combination and the possibilities it creates.”Delavau supplies formulation and fortification solutions to bakers. Through its ENCORE line of baking products, Delavau is focused on enzyme based and other dough improvers for softness, shelf life, mould inhibition, dough relaxing and strength. It’s ACCENT line of products is said to give customers unique fortification options for their products. The combination will, says Lesaffre, broaden capabilities using Delavau’s custom formulation and state-of-the-art baking development centre located adjacent to Rutgers University in Central New Jersey not far from New York City.“This is an excellent opportunity for Delavau employees and customers,” said Jeff Billig, Vice President and General Manager of Delavau. “Lesaffre is a company we respect, with a proven track record of success.”Related news
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