Jr Simplot To Buy Potato-products Peer Clarebout Potatoes 

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US agri-food group JR Simplot has agreed to get Belgian potato-processing institution Clarebout Potatoes for an undisclosed sum.  

The deal, which is expected to beryllium finalised by nan extremity of nan year, will spot “two marketplace leaders” successful nan stiff murphy products assemblage subordinate forces, family-owned JR Simplot said successful a statement.  

Clarebout Potatoes, a family-run business based successful Nieuwkerke successful occidental Belgium, specialises successful producing stiff murphy products for private-label customers.  

With 5 accumulation sites crossed Europe, nan institution employs much than 3,000 people. It has clients successful nan retail, catering and food-manufacturing sectors. 

JR Simplot believes nan statement will spot nan integration of “complementary assets”. Combined, nan group will person 23 accumulation sites.  

In nan connection announcing nan deal, JR Simplot said nan acquisition “provides for nan maintenance, and moreover description , of Clarebout Potatoes’ assets – unit and accumulation sites – connected nan European continent”.

“This is an breathtaking clip for Simplot,” Graham Dugdale, nan president of JR Simplot’s Global Food division, added. “We are thrilled astir nan synergy that Clarebout brings to our business, which not only expands our expertise to service nan European marketplace but brings together a brace of family-owned companies who align intimately successful halfway values and our committedness to customers, labor and nan communities wherever we operate.”

Simplot Foods, nan group’s nutrient division, sells murphy products nether various brands specified arsenic Simplot RoastWorks, Simplot Conquest Fries and Simplot Blue Ribbon Fries. 

Jan Clarebout, CEO of Clarebout Potatoes, said: “We could person continued connected our own, but nan economical reality of nan world, and a shape of communal sense, led america to travel together. It is simply a prime for nan early and a sustainable future.” 

Besides nutrient processing and nutrient brands, JR Simplot operates crossed various sectors, including phosphate mining and fertiliser manufacturing.  

The institution has operations successful nan US, Canada, Mexico, Argentina, Australia, India and China.