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Aviko acquires Eurofreez and Seru & Annoot.

Aviko is pleased to announce the acquisition of the potato processing company Eurofreez and the potato trader Seru & Annoot. The transaction represents a significant increase in Aviko's European market share in line with their aggressive growth strategy in the quality added value potato products sector.

Eurofreez produces a range of high quality potato products at its site in Proven (West Flanders, Belgium), including a wide range of frozen mashed potatoes and portioned gratins, Eurofreez considerably increased its production capacity in 2007 and currently exports to 65 countries worldwide.

Seru & Annoot is a long-standing potato trader that buys potatoes, from more than 300 farmers in West Flanders and northern France, many of which are processed by Eurofreez,

This acquisition in Belgium will further broaden the spread of Aviko's potato sourcing operations and its European production network. Aviko currently has 12 potato processing facilities in Europe. The Aviko group processes 1.7 million tonnes of potatoes into a varied range of products each year benefiting the customers by spreading buying and processing to ensure supply continuity.

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Title Annotation:industry news
Publication:Frozen & Chilled Foods
Article Type:Brief article
Geographic Code:4EUBL
Date:Jan 1, 2008
Words:174
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