Belgian processed meat and ready meal supplier, Ter Beke Group, has agreed to acquire Sigma Alimentos’ Belgium-based Imperial Meat Products and Netherlands-based Stegeman businesses.
The acquisition includes six production facilities and the Imperial and Stegeman businesses’ portfolio of brands, as well as brands licensed by Sigma.
Sigma is a global food company that produces, markets and distributes branded foods, including packaged meats, cheese and yogurt, among other refrigerated and frozen foods.
Piet Sanders, Ter Beke’s CEO, said: “We are very excited to have reached an agreement with Sigma and we look forward to welcoming the Imperial and Stegeman employees to the Ter Beke family. Once approved, the combination will result in a more complete offering to our customers by adding established brands to our product portfolio, such as Marcassou, Stegeman and Aoste.”
He continued: “Joining forces with Imperial and Stegeman will furthermore allow us to better respond to trends in the food market, such as the increased importance of snacking and the uptake of vegetarian and plant-based products. Together, we’ll turn this into a success story that will enhance the company’s growth in Belgium and the Netherlands.”
The acquisition is subject to clearance by authorities and local employee consultation rights.
© FoodBev Media Ltd 2021
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