Hügli acquires 80% stake in Bresc

Switzerland-based Hügli Group has acquired an 80% stake in Dutch food service company Bresc, which develops and produces chilled garlic and herb products.

A specialist in the production and distribution of soups, sauces, bouillons and seasoning products, Hügli said that the acquisition is part of its succession plan.

Bresc has a workforce of more than 60 employees and generated sales of €12m, mainly in the Netherlands, Belgium and Germany.

The acquisition will strengthen Hügli’s competence in the food service segment and help it expand its presence in the Benelux states, whereas Bresc will profit from the relationship network Hügli maintains in ten European countries.

Hügli said that the acquisition will complete its established line of dry blends and complement its core business.

The current Bresc management’s stake of 20% will remain unchanged. The company will continue to operate at its existing location in Sleeuwijk, east of Rotterdam, which will be expanded successively.

The merger strengthens both Hügli and Bresc as proficient culinary partners of the gastronomy and food industry, as well as provides them with further potential of achieving sustainable growth.