The completion of this acquisition represents a significant step, underlining its strategy to further expand its geographical coverage and its food activities.
Norfoods Group is the leading distribution partner of food ingredients and raw materials in the Nordic food industry.
Caldic’s core business is the distribution of chemicals, with a strong focus on the food sector. In 2009, over 25% of its activities were related to the food industry.
With this acquisition, Caldic is reinforcing its geographical growth by creating critical mass in Scandinavia. It also enables Caldic to access a well established distribution network in the Nordic countries, and strengthens its leading position as a distributor of food ingredients throughout Europe.
Source: Caldic
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