Dawn Foods has announced its acquisition of Jabex, a Poland-based supplier of ingredients and other solutions for the confectionery, bakery and ice cream markets.
Through the deal, Dawn aims to expand its global manufacturing footprint. The bakery producer and ingredients supplier is also looking to strengthen its operations and supply chain in Central and Eastern Europe with its acquisition of the Bielsko-Biala-headquartered company.
“The acquisition of Jabex is an exciting expansion of Dawn’s manufacturing capabilities and customer base in Europe,” said Carrie Jones-Barber, CEO of Dawn Foods.
According to Dawn, Jabex specialises in fruit-based products for the bakery industry, and the company intends to strengthen its own fruit-based offering through the acquisition.
Jones-Barber continued: “Jabex’s products are complementary to Dawn’s own industry-leading product portfolio. We look forward to working with our new team members from Jabex to deliver our insights, innovations and bakery expertise to even more customers, together.”
Jan Gańczarczyk, owner of Jabex, added: “Partnering with Dawn Foods and getting access to their global sweet bakery expertise and insights will enable us to continue to develop on-trend and high-quality fruit-based products for our customers and to accomplish our growth ambitions together.”
Dawn says that all Jabex employees will remain with the company.
A year ago, Dawn Foods announced that it had entered an agreement to sell its North American frozen manufacturing business to Rise Baking Company.
© FoodBev Media Ltd 2021
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