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McCain Foods to acquire PinguinLutosa’s potato unit for EUR225m
date:Oct 23, 2012
McCain Foods, a frozen food company based in Canada, has entered into an agreement to acquire the potato unit of Belgian frozen vegetables producer PinguinLutosa for EUR225m.

The acquisition includes Lutosa's operations in production, marketing and distribution of frozen, chilled and dehydrated potato products, as well as the Lutosa brand.

McCain Continental Europe chief executive officer Jean Bernou said the acquisition is a part of the company's strategy to reinforce its core potato business

12/21 19:29