FRESH INROADS BY BELGIAN POTATO SUPPLIER

FROZEN POTATO COMPANY ACQUIRES MINOR STAKE TO ACCESS FRESH MARKET

CLAREBOUT Potatoes, which provides frozen potato products for private labels, is acquiring a minority stake in its fellow Belgian potato supply company, Pomuni.

Clarebout, which operates from two production units and various potato storage facilities in Belgium, supplies to global processors all over the world, and is looking to provide a more diverse offering, according to the Belgian newspaper De Tijd.

Pomuni, which supplies fresh and frozen potatoes, has recently made significant investments in modernisation and sustainability. Clarebout’s new stakeholding will give it access access to the fresh potato market.

Pomuni will continue to operate under the leadership of the Muyshondt family. The size of Clarebout’s investment has not been disclosed, and the deal is still pending approval from competition authorities.

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