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03.02.2020 Bühler sells flour ingredient business

Bühler Group, Uzwil, Switzerland, in late December sold its flour ingredient business to   Bakels, a Swiss enterprise with more than 2750 employees. 70 staff of Bühler Guangzhou have moved to the new owner. Both parties have agreed not to disclose the selling price.
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,” said Johannes Wick, CEO of Bühler’s grains and food business.

“Flour ingredients have been a missing link in our portfolio so far,” said Armin Ulrich, Bakels’ chairman. “We are excited to close that gap now by taking over Bühler’s well-positioned business and strengthen our position in China.” Bakels will partner with Bühler to develop the flour ingredients business, Ulrich added. The two companies will cooperate strategically to offer flour ingredient solutions under Bakels’ lead to milling and bakery customers. Bühler was active within the flour ingredient business since 2010. During this time, the company gained great expertise and positive customer relations. The business proved profitable over the last years, focusing mainly on the Chinese market.

Bühler’s strategic direction sees process solutions and customer services at its core. “Bühler has been active in the flour ingredients business to understand the entire value chain in order to provide better consulting capabilities throughout the life cycle of assets. Now we can do this even better, thanks to our professional partner who is active in a large array of segments,” said Wick. “We are convinced that this business can unleash its full potential on a global scale, with Bakels as owner and Bühler as a strategic partner,” he added.



From the left: Patrick Gloggner, CEO Bakels Group; Johannes Wick, CEO Bühler Grains & Food; Armin Ulrich, Bakels chairman; Stefan Scheiber, CEO Bühler Group; Mark Macus, CFO Bühler Group

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