As part of its ongoing expansion strategy in sourdoughs and baking ingredients market in Western Europe, Lesaffre, a global key player in yeast and fermentation, announces two recent acquisitions: LFI Tollblend Ltd in United Kingdom and Tecno Bakery in Spain. Lesaffre has been in the baking industry for more than 150 years. As a yeast specialist, it places its fermentation expertise at its clients’ service to provide a global response to
each of their baking needs.
“We aim to offer an innovative range of bread ingredients and sourdough products alongside with our yeast in response to the various requirements facing our industrial and crafts customers” states Vincent Saingier, General Manager of Lesaffre Western Europe Baking Region. Lesaffre recently launched Livendo a new sourdough brand giving a wide choice of solutions with varied aromatic profiles to stimulate the baker’s imagination and creativity. This French family group wished to place greater emphasis on ingredients and sourdough in the baking market offer.
This ambition has now been underscored by two recent acquisitions:
The first one is LFI Tollblend Ltd, based in Worcester (United Kingdom), which produces ingredient mixes for the baking and processed foods sectors and which has an impressive “gluten-free” production capability. It employs 35 people, most of who work in production. “Lesaffre is already present in the United Kingdom through DCL Yeast and Fermex and can now look forward to widening its bakery offering”, says Mike Abraham, General Manager of Lesaffre UK & Ireland.
The second acquisition, Tecno Bakery, is located in Barcelona, Spain. Specialising in the production of enzyme-based improvers and correctors for flour-milling, the company employs 15 people and has a manufacturing unit and a laboratory. Lesaffre is present in Spain since 1991 with a yeast plant based in Valladolid employing 120 people. “Lesaffre welcomes these acquisitions in two countries, United Kingdom and Spain, where we have been present for many years. Those are entirely in line with our strategic development objectives in the baking industry and will enable us to expand and strengthen our offer to our customers in terms of improvers and technical assistance for baking”, says Antoine Baule, Lesaffre CEO.
Source: Lesaffre