Bridor announces Pandriks aquisition
The Le Duff Group subsidiary has announced the bolt on of Pandriks Holding BV – a Netherlands company that makes organic and artisanal baked treats – for an unspecified amount.
As a partner to the world's leading hospitality professionals, Bridor has been committed to preserving artisanal knowhow for over 30 years. The global company – which is headquartered in Brittany, France – employs production methods that respect the raw materials, processes and end product, remaining true to French baking knowhow in collaboration with a cast of respected chefs, such as Perre Herme, Sébastien Canonne and others who are recognized as Maison Lenôtre and the Meilleurs Ouvriers de France (best craftsmen in France).
According to Bridor, Pandriks is driven by the same values.
“The acquisition of Pandriks is consistent with Bridor's strategy,” said Philippe Morin, worldwide CEO of Bridor.
“It gives us the opportunity to take a leading position on key markets such as the Netherlands and Germany. This acquisition will also strengthen our teams with the highly experienced, qualified and motivated people from Pandriks joining Bridor. Pandriks will bring to life the Bridor purpose: Share the bakery cultures of the world.”
What’s the new acquisition all about?
Founded in the Netherlands in 2012, Pandriks specializes in traditional and organic breads, made under its own label (SlooOW: a home bake-off option) and private label, including an extensive range of stone-oven baked bread that is sold frozen for instore bake-off, as well as in MAP format, to leading retail chains.
It runs two production facilities – in Meppel, Netherlands, and Fulda, Germany (where it is known as Bio Breadness) – which centrally positions it to supply its main European retail chains, as well as overseas customers, with buns, bâtard loaves and traditional baguettes.
Pandriks had a 2023 turnover of €150m and employs a 400-strong workforce. The company will retain its identify – both in brands and values – after the deal is completed.
“We are excited about the opportunities that lie ahead as we embark on this new chapter with Bridor,” said Pandriks CEO Peter van den Berg.
“Pandriks has grown significantly in recent years and wants to invest in further expansion to optimally serve our clients. With Le Duff Group as our new shareholder, we believe that it is possible to achieve our goals while preserving our unique identity, philosophy and strategy.”
What it means for the wider group
The acquisition also emphasizes Le Duff Group’s commitment to the bakery sector, a strategy that has built its success on the priority given to “quality and indulgence on the plate for the wellbeing of consumers,” said founding chairman Louis Le Duff.
The Group owes its success to multiple restaurant chains, including Brioche Dorée, Del Arte, Fournil de Pierre, La Madeleine and Kamps, among others. It has a presence in over 100 countries, 18 production sites, a 19,000-strong workforce globally and a turnover of nearly €3bn in 2024.
The integration of Pandriks will expand the Group’s production capacity and bolster its product portfolio, particularly in the organic bakery market. It will also strengthen the Group’s foothold in Northwest Europe and bring on board a talented team of professionals who share a common vision of learning and passing on knowhow.
Pic left to right: Jean-Jacques Masse, Meilleur Ouvrier de France for Cuisine Gastronomy, Jean-François Girardin, president of the Meilleurs Ouvriers de France Association, Louis Le Duff, Phillipe Morin and Frédéric Lalos, Meilleur Ouvrier de France for Bakery.
