BRIDOR, subsidiary of LE DUFF Group, has acquired PANDRIKS Holding B.V., a company that makes organic and artisanal inspired bakery products.
With this major acquisition, BRIDOR continues its strong global growth and emphasises LE DUFF Group’s commitment to accelerate its growth in the bakery sector.
Founded in the Netherlands in 2012, PANDRIKS makes artisanal inspired bakery products. The company offers traditional bread made with noble ingredients and organic bread under private label (in-store bake-off) and through its own brand, SlooOW (home bake-off).
The two state-of-the-art production facilities in Meppel (Netherlands) and Fulda (Bio Breadness – Germany) allow PANDRIKS to supply the main European retail chains as well as overseas customers.
PANDRIKS has a turnover of €150 million (2023) and 400 employees. Under the BRIDOR umbrella, PANDRIKS will continue its journey with both its brand and values being preserved.
The integration of PANDRIKS will expand the Group’s production capacity and bolster its product portfolio, particularly in the organic bakery market. It will also strengthen the Group’s foothold in North West Europe.
Philippe Morin, Worldwide CEO, BRIDOR, said: “The acquisition of Pandriks is consistent with Bridor’s strategy. It gives us the opportunity to take a leading position on key markets such as the Netherlands and Germany.
“This acquisition will also strengthen our teams with the highly experienced, qualified and motivated people from Pandriks joining Bridor. Pandriks will bring to life the Bridor purpose: ‘Share the bakery cultures of the world’.”
Peter van den Berg, CEO, PANDRIKS, said: “We are excited about the opportunities that lie ahead as we embark on this new chapter with Bridor. Pandriks has grown significantly in recent years and wants to invest in further expansion to optimally serve our clients.
“With LE DUFF Group as our new shareholder, we believe that it is possible to achieve our goals while preserving our unique identity, philosophy and strategy.”