CSM Finalized Acquisition of Best Brands in the US
The acquisition strengthens CSM’s global leadership position in the segments and product categories that CSM has targeted for future growth, particularly in the in-store bakery market.
22 Mar 2010 --- CSM announces that it has completed the acquisition of Best Brands, one of the largest premium bakery manufacturers in the US, effective as of March 19, 2010. The acquisition of Best Brands creates the undisputed market leader in the North American bakery supplies market.
The acquisition strengthens CSM’s global leadership position in the segments and product categories that CSM has targeted for future growth, particularly in the in-store bakery market.
The agreement to acquire Best Brands was announced in a press release on February 4th 2010. The US antitrust waiting period has expired.
