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Purchase agreement between Lesaffre Česko and Kontinua

Lesaffre Česko, a.s., and Kontinua – zlepšující přípravky s.r.o., would like to inform you that on 1 February 2016, Lesaffre Česko signed the agreement for the sale and purchase of shareholdings in Kontinua – zlepšující přípravky on the basis of which Lesaffre Česko has become a 100% owner of Kontinua – zlepšující přípravky.

With their combined forces, Lesaffre Česko and Kontinua – zlepšující přípravky will provide an even stronger offering to their customers:  Kontinua – zlepšující přípravky will benefit from financial and other resources of an international group which is crucial for a further development of its business. Lesaffre Česko will benefit from Kontinua – zlepšující přípravky’s local market knowledge and distribution network.

Kontinua – zlepšující přípravky continues to operate as an independent entity with a team of highly qualified employees providing solutions to needs of its customers in the Czech Republic and abroad.

About Lesaffre Česko

As a member of Lesaffre, the company draws on global capabilities to provide a strong offering of bakers’ yeast and other baking ingredients to its customers on the Czech market since 1999. Its registered office is in Olomouc where it also operates its Baking CentreTM and logistics centre. Lesaffre Česko has 35 employees.

About Kontinua – zlepšující přípravky

The company sells improvers and premixes for bakers and confectioners, produced mainly in its own facility in Mělník. Kontinua – zlepšující přípravky is seated in Brandýs nad Labem – Stará Boleslav where it has both its research & development centre and logistics centre. It has 26 employees.