Bühler has sold its flour ingredient business to Bakels, a Swiss enterprise that focuses on ingredients for bakery and confectionary. Following the acquisition, Bakels will continue its partnership with Bühler to develop the flour ingredients business. Both companies will also cooperate strategically to offer flour ingredient solutions under Bakels’ lead to milling and bakery customers.
Armin Ulrich, chairman of Bakels, said: “Flour ingredients have been a missing link in our portfolio so far. We are excited to close that gap now by taking over Bühler’s well-positioned business and strengthen our position in China.”
Bühler ventured into the flour ingredient business since 2010, and has gained expertise and customer relations over the years. With a main focus on the Chinese market, the business has been profitable over the last years, Bühler revealed. From the growing demand for baked foods to increasing food safety levels and the rise of highly nutritional food, the company remains confident and positive on the outlook of the flour ingredient business.
Johannes Wich, CEO of Bühler’s gain and food business, concluded: “Bühler has been active in the flour ingredients business to understand the entire value chain in order to provide better consulting capabilities throughout the lifecycle of assets. We are convinced that this business can unleash its full potential on a global scale, with Bakels as an owner and Bühler as a strategic partner.”
