Bonduelle Sells Brazil Plant To Stella D’oro Alimentos

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Bonduelle has agreed a woody to waste a mill successful Brazil to section group Stella d’Oro Alimentos.

Just Food understands nan French veg group plans to clasp a commercialized beingness successful nan country.

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The position of nan woody for nan mill successful Cristalina successful nan cardinal authorities of Goiás were undisclosed.

Bonduelle declined to remark erstwhile approached by Just Food.

According to nan annual report for nan company’s 2024-25 fiscal twelvemonth – which ran to nan extremity of June – nan group has 201 unit successful Brazil.

The Cristalina tract was Bonduelle’s sole mill successful Brazil, nan study noted. The canned- and frozen-veg group first entered nan state pinch nan opening of a income agency successful 1994.

Stella d’Oro Alimentos had not returned requests for remark astatine nan clip of publication.

The company, based successful Itápolis successful eastbound Brazil, markets products including condiments and canned foods.

Stella d’Oro Alimentos’ acquisition of nan Bonduelle works remains taxable to reappraisal by Brazil’s title officials.

Bonduelle does not disclose income by geographic market, alternatively splitting its income into 2 regions: Europe and “non-Europe”.

In nan twelvemonth to nan extremity of June, Bonduelle generated income of €2.2bn ($2.55bn), down 0.9% connected 12 months earlier.

Sales from nan non-European markets grew 4.4% to €849.3m, helped by maturation successful North America. In Europe, income fell 3.9% to €1.35bn.

In July, Bonduelle finalised nan waste of its packaged-salad business successful France to French food-and-beverage institution LSDH Group, a woody first announced successful August past year. The assets sold accounted for astir €80m successful sales, Bonduelle noted successful July.

In March, nan institution sealed nan disposal of its packaged-salad limb successful Germany to US group Taylor Farms, a woody besides announced past August.

Last week, Bonduelle booked a 2.1% autumn successful first-quarter income to €519.8m.