Organic Foods Specialist Wessanen Sees Revenue Decline In First Half
Organic foods producer Wessanen, which produces the Kallø and Bjorg brands among others, has posted a 0.8% decline in first half revenue, to €321.1 million.
The Dutch business, which private equity firm PAI Partners recently announced a bid for, said that its performance was largely impacted by the reduction of its private label and distribution businesses, by 11.0%.
Revenue of its own brands increased by 0.5%, however, with the acquisition of the Abbot Kinney's plant-based dairy brand contributed 0.4% to its performance.
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