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Country: Belgium

Vandemoortele is a Belgian family-owned company that has specialized in the food industry since 1899.

The company has two major divisions: the Bakery Products Division (frozen products) and the Margarines, Culinary Oils and Fats Division (oils and fats).

Vandemoortele is present throughout Europe and in the United States

The company is recognized as the European leader in its two core businesses

Vandemoortele's customers include artisan bakeries, kitchens in all types of restaurants, including fast-food outlets, caterers, supermarkets and the food industry.

News

Yvon Guérin, new CEO at VandeMoortele. 20/03/2020

  • Management change: Yvon Guérin will succeed Jules Noten as CEO from July 1, 2020.
  • Sales 2019: Down 2% due to the downward trend in raw material prices and the reduction in the number of references produced in Bakery.
  • Adjusted EBITDA (REBITDA) 2019: Increase of 16.9% to 152 million euros.
  • Bakery Products Division: Earnings growth of 21.1% to €95.8 million in 2019.
  • MCOF Division: Increase of 9.3% to 56.1 million euros in 2019, the best result ever.

Studies mentioning this company

The sunflower oil market - France

Other companies mentioned:

The bakery and pastry market - France

Other companies mentioned:

The industrial BVP market - France

Other companies mentioned:

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