Abafoods

Wessanen, a leading player in the European natural and organics market, has announced that it has signed an agreement with the owners of Abafoods to acquire the company for a purchase consideration of €52 million ($65 million) on a cash and debt free basis. Abafoods is a European specialist in organic non-dairy drinks, producing goods based on rice, coconut, almond, oat, spelt and soy. The company operates an advanced manufacturing …