Borden Boosts Baking Operations in Europe
United Press International
NEW YORK —
Borden Inc., the consumer and industrial products conglomerate, has announced a major expansion of its presence in Easter Europe.
Borden said it acquired Weissenfelser Backwaren GmbH, a former East Germany-owned baking company in Weissenfels.
In addition, Borden said it formed a joint venture with Hungary’s state-owned bakery in Budapest, with plans to operate a bakery store chain.
The terms were not disclosed.
Inside the business of entertainment
The Wide Shot brings you news, analysis and insights on everything from streaming wars to production — and what it all means for the future.
You may occasionally receive promotional content from the Los Angeles Times.
