Bühler Group sells flour ingredient business to Swiss company Bakels
70 employees in China move to new employer
Bühler Group has sold its flour ingredient business to Bakels. The Swiss group manufactures and distributes innovative bakery ingredients and application solutions. The signing and closing of the agreement took place on December 18th. 70 employees of Bühler Guangzhou are moving to the new owner with immediate effect. Both parties have agreed not to disclose the selling price.
Bühler has sold its flour ingredient business to Swiss group Bakels. The day before yesterday, all shares of China-based Buhler Bangsheng Food Ingredients (Guangzhou) Co. Ltd. have been signed over to Bakels Group. “With Bakels, we have found an excellent owner and strategic partner for flour ingredient solutions,” says Johannes Wick, CEO of Bühler’s Grains & Food business.