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Dutch food company Wessanen has finalised an agreement to acquire the entire business of German organic soups and meals maker Little Lunch.
Financial details of the deal remain undisclosed.
Little Lunch founders Daniel and Dennis Gibisch said: “We have built up Little Lunch with a lot of love and passion and made it a success in Germany.
“Among all possible partners we looked at we found the fit with Wessanen the strongest. We are excited about the new opportunities that will come out of working together with such a strong partner at our side.”
Little Lunch started its journey as an organic soup maker in 2014 and, over the years, expanded its portfolio by adding sauces and meal makers.
The company claims that its products are 100% organic and free from added sugar, aromas, colourants or preservatives.
Currently, Little Lunch distributes its products across German retail outlets, as well as through online channel.
The deal will supposedly complement Wessanen product portfolio, which primarily focuses on organic and vegetarian meals. Germany is allegedly one of the biggest organic markets in Europe.
Wessanen CEO Christophe Barnouin said: “We are happy with this fast-growing and strategic acquisition and look forward to welcoming the Little Lunch team to our family of companies.
“Allos Hof-Manufaktur, our German business, has successfully grown over the past years in the Health Food and Grocery channels. We believe that the integration of Little Lunch will gives us many opportunities in this important country and across Europe.”
Completion of the deal is subject to the approval of the Bundeskartellamt (German Cartel Office).
In September 2018, Wessanen acquired plant-based ice cream and yoghurt producer Abbot Kinney’s.
Established in 2014, Abbot Kinney’s produces organic almond and coconut-based yoghurt alternatives and ice creams.
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