Cosun to sell Unifine
26 November 2010 – Royal Cosun has decided to investigate the potential sale of Unifine Food & Bake Ingredients, its pastry ingredients business.
Unifine develops, produces and supplyies food ingredients for the pastry, food service, and ice cream industries. Its product range includes pastry mixes and fillings, cream stabilisers and mousses, fruit fillings, glazes, chocolate, flavourings, fondants, ice cream ingredients, toppings and decorations.
It has production facilities in Belgium, Germany, Hungary, Portugal, France, the Netherlands and Romania.
Cosun has retained ING Corporate Finance as its financial advisor to conduct a comprehensive review of all strategic options, with the aim of optimising the business.
