Bühler Group Sells Flour Ingredient Business

by swisschambei in Engineering / Manufacturing

Bühler Group has sold its flour ingredient business to Bakels. The Swiss group manufactures and distributes bakery ingredients and application solutions. As part of the transaction, 70 employees of Bühler Guangzhou are moving to the new owner with immediate effect. Both parties have agreed not to disclose the selling price. “With Bakels, we have found an excellent owner and strategic partner for flour ingredient solutions,” said Johannes Wick, chief executive officer (CEO) of Bühler’s Grains & Food business. Bakels is a Swiss enterprise with more than 2,750 employees. Its focus is on ingredients for bakery and confectionery. “Flour ingredients have been a missing link in our portfolio so far,” said Armin Ulrich, chairman of Bakels. “We are excited to close that gap now by taking over Bühler’s well-positioned business and strengthen our position in China.”

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