Jacquet saved by bankrupt German subsidiary

Article Abstract:

An offer for Jacquet of France, an industrial baker, has been made by two unnamed companies. Rugenberger, the company's German subsidiary, has gone bankrupt making it more attractive to investors without Rugenberer's debts. Rugenberger had sales of 250 million Deutsche marks in 1994, representing half of Jacquet's total sales. Several former competitors of Rugenberger, including Wendelin, are said to be interested in some of its operations.

Rugenberger GmbH und Co.

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Koopmans out of the red

Article Abstract:

After two years of losses, Koopmans Koninklijke Meelfabrieken, a Dutch manufacturer of flour, breadcrumbs, cake mixes, powders, bakery ingredients, frozen pastry and frozen dough, last year achieved net profits of HF12m (??5.4m). A restructuring programme consisting of efficiency improvements as well as a number of job losses led to substantially lower costs. Sales at the Leeuwarden-based group declined by HF17.2m to HF1145m.

Netherlands, Sales, profits & dividends, Bread, cake, and related products, Commercial Bakeries, Bread Stuffing & Crumbs, Bread industry, Bread crumb products, Koopmans Koninklijke Meelfabrieken B.V.

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Anheuser to sell bakery division

Article Abstract:

Anheuser Busch of the US, a brewer, is to sell Campbell Taggart, its baked goods division, to shareholders, to help improve overall brewing and baking operation perforamnces. Campbell Taggart is a supplie to US fas food chains, and has nine factories in France. It also controls Bimbo, the leading Spanish industrial baker.

Mergers, acquisitions and divestments, Anheuser-Busch Companies Inc., BUD, Campbell Taggart Inc.

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