Belgian meals group Vandemoortele is accelerating its world enlargement technique, securing €100 million in financing and persevering with M&A operations.
This funding, supplied by a consortium together with Tikehau Capital, Belgian Resilience Fund, PMV, and Welvaartsfonds, is devoted to bolstering the corporate’s capital and supporting its development within the bakery sector, in response to media reviews.
Within the first half of 2025, Vandemoortele achieved 10.6% annual income development, reaching €1.05 billion.
This development was largely pushed by latest acquisitions, together with Banneton within the USA, and Italian frozen baked items producers Dolciaria Acquaviva (acquired in June 2024) and Lizzi (acquired in February 2025).
CEO Yvon Guérin highlighted that these integrations have been essential drivers of income, alongside a concentrate on bettering product combine, investing in innovation, and managing prices.
Efficiency Highlights
Regardless of a difficult market setting, Vandemoortele’s adjusted EBITDA remained €124.7 million within the first half of 2025, intently mirroring final 12 months’s efficiency.
Whereas total profitability (EBIT and EAT) noticed a discount as a consequence of acquisition-related prices and elevated uncooked materials costs in its Plant-Primarily based Meals Options division, Guérin emphasizsed that these investments are foundational for higher effectivity and long-term development.
The corporate can be within the strategy of finishing two acquisitions: Bunge’s European margarines and spreads enterprise and bakery firm Délifrance, each topic to customary closing situations.
Sustainability Management
In addition to monetary efficiency, Vandemoortele continued to implement measures to strengthen its management in sustainability.
Within the first half of 2025, the corporate earned an EcoVadis Platinum medal, putting it within the prime 1% of assessed firms globally.
Different sustainability achievements embody the launch of Pérènes, France’s first low-carbon wheat bread model, and a brand new plant-based pastry vary.
The corporate additionally participated in initiatives just like the Sustainable Wheat Initiative Europe Manifesto, underscoring its dedication to environmental stewardship.
Trying forward, Vandemoortele anticipates its full-year adjusted group EBITDA for full-year 2025 to stay broadly in step with 2024, regardless of headwinds resembling decrease client buying energy and worldwide commerce tensions.
Priorities for the second half of the 12 months embody additional integrating latest acquisitions, finalising the Bunge and Délifrance offers, and advancing strategic funding initiatives.
