Market intelligence, trend analysis and forecasts for the Food and Drink industries across the regions

Companies / Germany

Katjes Will Look For Stronger International Growth Following Lamy Lutti Acquisition

September 2011 | Company News Alert

Germany's third-largest sugar confectionery manufacturer Katjes International has taken full control of French group Lamy Lutti, after selling a EUR30mn bond to finance the purchase of the 33.3% of the firm that it did not already own. In 2009 Katjes built a 33.3% stake in the business and in November 2010 increased its shareholding to 66.6%. Katjes has said that a full combination will offer up significant synergies and allow it to improve the performance of the

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