Advertisement

Borden Boosts Baking Operations in Europe

Share via
United Press International

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.

Advertisement

The terms were not disclosed.

Advertisement