Sligro Food Group acquires Belgian wholesaler ISPC

Sligro Food Group N.V., Veghel (NL) and Alimax NV, Bavikhove (B), announce that they expect to reach agreement on the acquisition by Sligro Food Group of all the shares of Exquisite Food NV and its subsidiaries ISPC International NV, ISPC Ghent NV, Equisite Seafood NV and Océan Marée NV, together known as ISPC.

ISPC is a leading Belgian hospitality wholesaler with combined cash-and-carry and delivery service outlets in Ghent and Liège. ISPC also has a fresh fish wholesale business in Brussels. In 2016, ISPC generated sales of €86million with 250 employees. ISPC has an extremely broad product rage, with a particular emphasis on fresh produce. ISPC operates primarily in the higher-end hospitality sector with a spin-off to the healthcare sector. Sligro Food Group expects the acquisition to contribute to earnings per share from 2018.

Read more in the press release.

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Sligro Food Group NV published this content on 23 January 2017 and is solely responsible for the information contained herein.
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