Tuesday, 12 June 2007

CSM buys U.S. bakery company Titterington's

(Reuters) - AMSTERDAM, June 12 - Dutch food group CSM NV said on Tuesday it has agreed to acquire Massachusetts-based bakery products company Titterington's for $23 million, reinforcing its market position in the U.S.



Titterington's, which supplies scones, muffins, cakes and pastries to the food service industry, has 190 employees and annual sales of $30 million, CSM said in a statement.


Read more at Reuters.com Mergers News

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