Dawn Foods has completed the acquisition of the Unifine Food & Bake Ingredients business from Royal Cosun, effective 30 June 2011. Over the next 12 months, Unifine will be fully integrated into Dawn as leaders from both organizations continue to work closely together to develop and implement an integration plan.
“We are very excited to be working with Unifine’s many exceptional team members,” said Dawn CEO, Carrie Jones-Barber. “Unifine’s outstanding product portfolio will be an excellent fit for Dawn. We are looking forward to building several mutual successes in the future.”
Unifine is one of the leading European specialists in developing, producing and supplying value-added pastry ingredients. This finalized transaction includes all seven Unifine manufacturing sites, ten sales offices in Europe and the brands of Sucrea, Fruibel, Caullet and Dethmers.
Unifine F&Bi’s product range embraces innovative and up-to-date concepts, which include pastry mixes and fillings, cream stabilisers and mousses, fruit fillings, glazes, chocolate, flavourings, fondants, ice cream ingredients, toppings and decorations. The factories are located in Belgium, Germany, Hungary, Portugal, France, the Netherlands and Romania. The added value pastry ingredients are sold to the artisan bakeries, the semi-industrial bakeries and the industrial customers.
Based on the strong performance over the past 10 years and attractive growth prospects, the company's announced that they are confident that Unifine and Dawn together will become an even stronger global organization.
“The acquisition provides Dawn People, our customers, suppliers and distributors with the ability to leverage a wider range of expertise while also providing several new exciting avenues for growth,” said Laurence Saul, President Global Commercial and International.
Dawn is a United States based; family owned and operated global enterprise. Dawn currently supplies a complete line of quality, consistent mixes, bases, icings, glazes, fillings, frozen dough, par-baked and fully baked products and equipment to the food industry, worldwide.