GERMANY - Nord Holding acquires bakery business from Hannover Finanz
Nord Holding has, together with the management, wholly acquired bakery company De Maekelbörger GmbH from HANNOVER Finanz for an undisclosed amount.
HANNOVER Finanz has had a participating interest in the company since 1991. De Mäkelbörger Backwaren GmbH is a wholesale bakery and deep frozen pastries specialist, which was founded in 1965 in New Brandenburg. It achieved a turnover of EUR 50m with more than 850 full-time staff and a further 600 part-time staff in more than 121 branches, four restaurants and four production facilities.
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