date:Mar 31, 2014
Ardo and Dujardin Foods have reported the signing of a Merger Agreement. The two Belgian frozen food companies, started independently by two brothers 40 years ago, are preparing to come together as one firm, subject to approval by the relevant competition authorities. As part of the transaction, NPM Capital, a private equity firm which held a minority stake in Dujardin Foods is selling its stake. In the new Group 100% of the shares will be owned by the Haspeslagh families.
The rationale behind