Dawn Foods has completed the acquisition of the Unifine Food & Bake Ingredients business from Royal Cosun, effective June 30. Over the next 12 months, Unifine will be fully integrated into Dawn as leaders from both organizations continue to work closely together to develop and implement an integration plan.
“We are very excited to be working with Unifine’s many exceptional team members,” said Dawn CEO, Carrie Jones-Barber. “Unifine’s outstanding product portfolio will be an excellent fit for Dawn. We are looking forward to building several mutual successes in the future.”
Unifine is one of the leading European specialists in developing, producing and supplying value-added pastry ingredients. This finalized transaction includes all seven Unifine manufacturing sites, ten sales offices in Europe and the brands of Sucrea, Fruibel, Caullet and Dethmers.
Based on the strong performance over the past 10 years and attractive growth prospects, we are confident Unifine and Dawn together will become an even stronger global organization.
“The acquisition provides Dawn People, our customers, suppliers and distributors with the ability to leverage a wider range of expertise while also providing several new exciting avenues for growth,” said Laurence Saul, President Global Commercial and International.