On April 30, 2021, our client LIPA Family has successfully divested Wouters, a Belgium-based company specialised in bakery ingredients and oils and fats products, in two separate transactions. The oils- and fats activities have been sold to Remia, whilst the bakery ingredients activities were sold to Royal Zeelandia Group. Both buyers are well-known family-owned companies, which are each market leader in their respective industries.
The acquisition of the bakery activities by Royal Zeelandia Group is aligned with its strategy to strengthen its position in the bakery industry in Belgium and Europe, supplying ingredients and innovative bakery solutions to artisanal bakeries, (semi-) industrial bakeries and wholesale. In response to the growing demand for innovation in these markets Wouters’ process technologies are a strong addition to the existing competences of Zeelandia.