Groot-Bijgaarden, Belgium, 14-12-2015 — /EuropaWire/ — Puratos, leading innovator in the bakery, patisserie, and chocolate industry, has recently acquired Pennant Ingredients, a leading provider of speciality bakery products and solutions to the North American Quick Service Restaurant, foodservice and retail in-store bakery channels.
Pennant Ingredients is a large baked goods supplier for the foodservice and retail markets operating in the US.
“This acquisition will allow us to increase our positioning in North-America, especially in the foodservice”, says Daniel Malcorps, Chief Executive Officer of Puratos.
With more than 70 years of expertise in producing and delivering ready-to-use mixes and toppings, Pennant Ingredients, located in Rochester, New York, generates more than 70 million dollars in sales and employs 100 people.
Puratos is an international group, which offers a full range of innovative products, raw materials and application expertise for artisans, industry, retailers and food service customers in the bakery, patisserie and chocolate sectors. Our headquarters are located on the outskirts of Brussels (Belgium), where the company was founded in 1919. Today, our products and services are available in over 100 countries around the world. In many cases, they are produced locally by our subsidiaries. Above all, we aim to be ‘reliable partners in innovation’ across the globe to help our customers deliver nutritious, tasty food to their local communities. For further information, visit www.puratos.com
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SOURCE: Puratos Group