The international bakery company Lantmännen Unibake has completed the acquisition of the Australian pastry manufacturer, Bakery Du Jour. The acquisition is a key step to expand Lantmännen Unibake’s global footprint.
The acquisition, completed in January 2019, will increase Lantmännen Unibake’s production capabilities and open key regional markets, where the bakery company aims for a stronger presence.
Lantmännen Unibake CEO Werner Devinck said the acquisition of Bakery Du Jour signalled the company’s commitment towards the Australian bakery market.
“Bakery Du Jour’s strong heritage in the Australian marketplace is an excellent platform for Lantmännen Unibake. We regard the acquisition as a baseline for further investments in the region,” he said.
Since 2006, it has successfully been exporting pastry products to the Australian market. The acquisition of Bakery Du Jour now supports Lantmännen Unibake’s growth with locally produced products to better meet the needs of current and future customers.
“Naturally, we have looked at how the new capacity of Bakery Du Jour fits into our global organisation and we see great potential to grow the business in the future. Further to this, we see opportunities in regards to reducing negative environmental effects by optimising the use of local resources in relevant markets,” Mr Devinck said.
Bakery Du Jour was established by the Gaspar family more than 20 years ago. Today the bakery produces and distributes 100 million premium pastries each year to major Australian retailers and food service customers.