Wessanen B.V.
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Publicatie datum
11 mei 2016 - 19:59
Statutaire naam
Wessanen B.V.
Titel
Wessanen to acquire IneoBio, an expert in Organic coffee and tea and owner of Destination brand
Bericht
Wessanen to acquire IneoBio, an expert in Organic coffee and tea and owner of Destination, leading brand in France
Wessanen and the owners of Ineobio have signed an agreement for the purchase of IneoBio.
Closing is expected to be in June 2016.
Over the last few years, Ineobio has recorded strong growth in its core categories of tea and coffee. In 2015, net revenue amounted to €21 million. Ineobio employs 76 full time employees. Wessanen expects the acquisition to contribute immediately to EBIT and Net Earnings Per Share.
Ineobio is an expert in organic coffees, teas and herbal infusions and is the owner of Destination, the leading brand in Coffee and Tea in French Health Food Stores. It operates an advanced manufacturing plant in Bordeaux (France) and also exports successfully to a wide range of countries. It has a broad range of high quality coffees as well as herbal, black and green teas and is 100% organic and where relevant, fair trade certified.
Datum laatste update: 16 december 2025