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Hungarian bakery company acquired by Lantmannen Unibake

Lantmannen Unibake, a frozen bakery products supplier, has bought Hungarian fast food bakery Első Pesti Malom- es Sütőipari for an undisclosed price, the company said.

The acquisition is a “very important step” in the company's expansion in Central Europe, said CEO Bent Pultz Larsen. “The new Hungarian bakery also secures Lantmannen Unibake an ideal production platform and direct access to a well-established sales and distribution network throughout the region,” he added. (MTI – Econews)