It will also allow the Bonduelle brand to maintain a strong presence in the German market through its canned and frozen food offerings
The Bonduelle Group has confirmed the sale of its packaged salad business in Germany to Taylor Farms. This transaction, part of the Transform to Win transformation plan announced on August 29, represents a significant step toward enhancing the group's operating profitability. It will also allow the Bonduelle brand to maintain a strong presence in the German market through its canned and frozen food offerings, as well as in the packaged salad segment via a brand license granted to the buyer.
The group is actively expanding its fresh delicatessen market presence in Europe while also strengthening its foothold in the American market with the recent launch of the Bonduelle brand in that region.
The packaged salad business in Germany, which has been structurally unprofitable, generated sales of 60 million euros for the group. The net loss for the period from July 1, 2024, to March 31, 2025, will be reported in the group's consolidated financial statements under discontinued operations under IFRS accounting rules.
The gain from the sale of these assets is not expected to be significant and will also be recorded in the financial statements for the year ending June 30, 2025, under discontinued operations. ions.
