Acomo, a plant-based food ingredients group based in the Netherlands, has agreed to acquire the Caldic Food Service and Retail nuts and dried fruits business in Northern Europe.
The acquisition aims to further strengthen Acomo’s Spices & Nuts segment and establish a stepping stone in the European Nordic markets.
It encompasses Caldic Food Service and Retail (FSR), which operates an office and a process production facility in Malmö, Sweden. The company is mainly active in Denmark, Sweden, Norway, Finland and Germany.
FSR supplies a range of nuts, seeds, kernels, dried fruits, pulses and marzipan to wholesale and retail customers, the food industry and the out-of-home market. It also runs its own retail brand, Naturens Energi, and produces its own almond-based marzipan.
After the closing of the transaction, FSR will be renamed to ‘Delinuts Nordics’ and jointly operate with Acomo’s Delinuts Netherlands business, to explore new markets and opportunities.
Allard Goldschmeding, CEO at Acomo, said: “This bolt-on acquisition allows us to establish local presence in the Nordic markets. Commercial Director Patrick Wibroe and his team will undoubtedly give a significant impulse to the projected growth of our Spices & Nuts segment.”
He added: “The combination of trading and new value-added services such as customer concept packing, roasting and producing is a proven approach to reinforcing our position in the supply chains we are active in, enabling us to provide answers to growing customer demand”.
Gustav Larsson, managing director for Caldic Nordics, expressed confidence that the dried fruit and nuts business would flourish under the Acomo business, where this segment is central to the strategy.
He commented: “With this agreement, our customers are assured of continuity in the supply of the products and the brands they value, but as part of Delinuts’ innovative offering. Upon completion of the agreement, we will work with Acomo to ensure an uninterrupted supply while we transfer the production, products and brands to Delinuts.”
The intended acquisition is subject to customary closing conditions and is expected to close in the third quarter of 2024. Financial details of the transaction were undisclosed.
