Acquiring Company
Vandemoortele USA
Acquired Company
WORQ
Description
Vandemoortele USA has completed the acquisition of Banneton Bakery Inc., having assumed full ownership of the company. This significant milestone enhances Vandemoortele's North American manufacturing capabilities and aligns with its strategic growth plans. The acquisition allows for a streamlined logistics model combining European import infrastructure and domestic production. Operations will continue seamlessly, maintaining service for existing retail and foodservice partners.
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M&A Insights
Based on deal dataFrequently asked
Who acquired WORQ?
WORQ was acquired by Vandemoortele USA, based in New York. The deal was reported on August 3, 2026. Vandemoortele USA is a leading provider of premium frozen bakery products for foodservice, retail, and convenience stores. Vandemoortele USA is privately held and operates in Manufacturing.
When did Vandemoortele USA acquire WORQ?
Vandemoortele USA's acquisition of WORQ was reported on August 3, 2026. Vandemoortele USA has completed the acquisition of Banneton Bakery Inc., having assumed full ownership of the company. This significant milestone enhances Vandemoortele's North American manufacturing capabilities and aligns with its strategic growth plans. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does WORQ do?
Malaysia-based co-working space provider with a goal to expand its co-working space operations. It is privately held, and is based in Malaysia.