FDBusiness.com

CSM Bakery Solutions, a global leader in bakery ingredients, products and services, has completed the sale of its BakeMark business to private equity firm Pamplona Capital Management. The sale of BakeMark, which was announced mid-July, is an important element in CSM’s decision to focus on their core business in Europe and North America.

“Completing the sale of BakeMark allows us to strengthen our core business in Europe and North America by focusing more on our portfolio of bakery products and ingredients,” says CSM’s President and CEO Marianne Kirkegaard. “Under Pamplona, BakeMark can further enhance its position as the industry’s supply and distribution market leader in North America.”