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March 1, 2019updated 19 Jan 2022 2:10pm

AAK purchases UK foodservice company BD Foods

British foodservice company BD Foods, a producer of tailor-made meal accompaniments, has been acquired by AAK.

British foodservice company BD Foods, a producer of tailor-made meal accompaniments, has been acquired by AAK.

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Financial details of the transaction have not been disclosed.

BD Foods specialises in the creation of restaurant quality meal accompaniments such as salsa, dressing, dips and sauces. The company posted revenue of approximately Skr120m ($12.99m) last year.

AAK president and CEO of Johan Westman said: “This acquisition is a very good fit with our global foodservice expansion, and will provide a complementary range of products at the premium end of the foodservice market.

“BD Foods has a broad product and packaging offering a customer-centric approach and a strong reputation in UK foodservice.”

The company was founded in 2001 and boasts a portfolio of more than 3,000 products.

Customers and clients of BD Foods include hotels, restaurants, airlines, food manufacturers and wholesalers.

“BD Foods has a broad product and packaging offering a customer-centric approach and a strong reputation in UK foodservice.”

AAK Foodservice president  René Schou said: “By acquiring BD Foods, we will extend our foodservice range with, for example, dip pots, pouches and hot filled products.

“We will, furthermore, increase our capabilities and broaden our product portfolio, which will give us greater access to some key operators in the foodservice market.”

Headquartered in Malmö, Sweden, AAK develops and sells vegetable oils and fats, as well as food ingredients to various industries. It has 20 different production facilities and has sales offices in more than 25 countries.

Last month, it reported a consistent positive trend in operating profit during the fourth quarter. Operating profit increased by 10% to Skr516m ($55.86m).

Free Report
img

The critical role of sustainability for Foodservice success in the 2020s

Consumers have radically re-thought their priorities in recent years and changed their habits for the good of the planet, starting to hold companies accountable for their ESG activities. These changes are set to be significant hallmarks of the Consumer Landscape in the 2020s. In order to appease consumers’ new concerns, meeting these new sustainability imperatives will be crucial for the recovery of the Foodservice industry. Consumers are expected to use ESG criteria much more actively in their selection of Foodservice brands to engage with. Download GlobalData’s free report to:
  • Understand the range of ESG challenges currently facing the Foodservice sector
  • Gain insight into consumers’ expectations via consumer survey deep dives
  • Learn from foodservice operators and brands who are already successfully embracing ESG strategies
Stay ahead of consumer concerns and rise to meet them. Download the report now.
by GlobalData
Enter your details here to receive your free Report.

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