Bakkavör sells Vaco

Fresh prepared foods manufacturer the Bakkavör group has agreed the sale of Belgian fresh prepared food business, Vaco, to Culinor Food Group.

Culinor Food Group is a producer of fresh prepared ready meals for retail and foodservice operators across Belgium. The sale is expected to complete by early autumn.

Agust Gudmundsson, chief executive of Bakkavör, said: “This sale marks further progress for the group as we focus on our core strategic growth markets of the UK, the US and Asia.”

Last month Bakkavör announced it plans to create 470 new roles in its deli and desserts businesses.

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