AndhraNews.net
Home » Business News » 2013 » May » May 31, 2013

Royal Wessanen nv closes acquisition France Alter Eco, pioneer fair-trade and organic food in France


May 31, 2013 - London

Wessanen has closed the previously announced acquisition of France Alter Eco today, which has been acquired from a group of private investors.

France Alter Eco has been a pioneer brand of fair-trade and organic food in France since its foundation. Its products such as chocolate, coffee, tea and juices are marketed in the grocery, independent stores and out-of-home channels. It has developed strong partnerships with farmers' cooperatives, based on fair trade and respect for human rights and environment.

France Alter Eco will become part of Distriborg, Wessanen's French-based operations. Its brand, products and philosophy are complementary to those of our successful French business. After having taken Clipper on board early 2012, this will be another milestone in the execution of our strategy of strengthening our European leadership in organic food.


About Wessanen
Royal Wessanen is a leading company in the European organic food market. In 2012, Wessanen generated revenue of €711 million, employing 2,064 on average. Operating mainly in France, the Benelux, UK, Germany and Italy, we manage and develop our brands and products in the grocery and health food channels. Our vision is to make our organic brands most desired in Europe. Our brands, such as Bjorg, Whole Earth, Zonnatura, Kallo, Clipper, Bonneterre, Ekoland, Allos, de Rit and Tartex, are pioneering brands in the organic food markets.
Next to our leading position in organic food businesses, we also produce and market branded (Beckers, Bicky) and private label frozen snack products in the Benelux (IZICO) and fruit drinks (Little Hug) and cocktail mixers (Daily's) in the US (ABC).


For more information
Carl Hoyer (VP Corporate Communications)

Phone  +31 (0)20 3122 140 / +31 (0)6 123 556 58

Email   carl.hoyer@wessanen.com / investor.relations@wessanen.com

Twitter @RoyalWessanen


Click here to download press release



This announcement is distributed by Thomson Reuters on behalf of Thomson Reuters clients.

The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and other applicable laws; and
(ii) they are solely responsible for the content, accuracy and originality of the
information contained therein.

Source: Royal Wessanen nv via Thomson Reuters ONE

HUG#1705931

GlobeNewswire

Comment on this story

Share