Bakkersland B.V. (“Bakkersland”) and Borgesius Holding B.V. (“Borgesius”) announced today that they will merge their resources. To this end, the Borgesius family will acquire Bakkersland from Parcom Capital B.V., after which the bakery organisations will continue together as Borgesius-Bakkersland.
This new group will form a fantastic baker’s business in the Netherlands with bread, pastries, and other specialities. The new Borgesius-Bakkersland has twenty modern bakeries at various locations throughout the country and employs more than 2,000 people. The Borgesius family and Bakkersland’s management are in favour of the transaction and have expressed their full confidence in a prosperous future for this group.
“This is a great step forward for everyone. By merging the two companies, we are investing in knowledge, technology and product sharing, so that we can keep serving the market better. As we already made significant investments in the overhaul and modernisation of our bakeries in recent years, we are ready for this next step,” says Chris Deen, the CEO of Bakkersland.
“It is a unique opportunity to merge our resources. With these two companies’ distinctive long-term visions, we can together continue to enhance and innovate our quality, service, delivery, and product development. This is in response to our customers’ wishes,” says Jan Borgesius, Owner-Manager of Borgesius.
Our customers have included the major Dutch supermarket chains for many years. Some Western European retailers are also served by the group.
Borgesius-Bakkersland has been a financially stable company from the start and will continue to strongly focus on excellent bakeries and the associated investments. Early next year, the group’s newest bakery, currently being built in Aalsmeer, will be fully operational. The transaction is subject to the usual approvals for mergers and acquisitions, including the Works Council’s opinion, and is expected to be completed in the third quarter of 2016.