Hügli acquires majority stake in Bresc B.V.

25-Aug-2016 - Switzerland

Hügli Group acquires a majority stake of 80% in the Dutch Bresc B.V., NL-Sleeuwijk (www.bresc.nl) as of 1 January 2016, as part of a succession plan. Bresc has been a successful company specialising in the development, production and sales of chilled garlic and herb products for the European gastronomy for 25 years. The chilled garlic specialties, herb mixtures and purees are appreciated for their high quality, their authentic flavour as well as their convenience; they perfectly match the needs of gourmet professionals and procedures of the food industry. With 60 employees, the company generates sales of EUR 12 million mainly in the Netherlands, Belgium and Germany.

The acquisition forms part of an expansion of Hügli’s culinary competence in the fast-growing Food Service segment offering chilled flavouring products. It will round off our established line of dry blends and form an excellent strategic complement to our core business.

Bresc will continue to operate at its current location in Sleeuwijk, east of Rotterdam, and will be expanded successively. The current Bresc management’s stake of 20% will remain unchanged and going further ensure the continuity of the qualified staff. The joint distribution will yield synergies from a complementary geographical coverage. The acquisition enables Hügli to gain a direct foothold in the Benelux states, whereas Bresc will profit from the relationship network Hügli maintains in ten European countries.

With Bresc B.V., Hügli has found a partner with high quality standards and a comparable corporate culture that relies on motivated employees. The merger reinforces both Hügli and Bresc as competent culinary partners of the gastronomy and food industry and provides them with further potential of achieving sustainable growth. The parties have agreed not to divulge the purchase price.

https://www.yumda.com/en/news/1149008/huegli-acquires-majority-stake-in-bresc-b-v.html