Colruyt Group Acquires Stake In Food-To-Go Operator BON
Belgium’s Colruyt Group has acquired a 45.65% stake in BON, a gourmet food-to-go business operating in Brussels, Antwerp and Liège.
Founded in Brussels in 2015, BON operates from a central kitchen in Sint-Lambrechts-Woluwe, from which freshly prepared meals are distributed to 11 stores in Belgian city centres.
‘Tasty Recipes’
“Our customers find a wide range of freshly squeezed juices, smoothies, salads, sandwiches, hot meals and delicious desserts,” commented Frédéric Duqué, chief executive of BON. “We focus on tasty recipes, offering our customers a selection for every moment of the day.”
According to the retailer, the investment fits in with its strategic objective of increasing its city centre presence, as well as bolstering its on-the-go food offering.
Increase Market Share
“Our ambition is clear: we want to increase our market share in major cities,” said Christophe Dehandschutter of Colruyt Group. “We will do this with our well-known stores, such as Colruyt Lowest Prices, Okay, Okay Compact, and Collect&Go, as well as by acquiring concepts tailored to urban customers. This also allows us to get to know these customers better.”
The stake in BON, Dehandschutter added, provides Colruyt with the “ideal partner to reach this target group even better,” as well as increasing the group’s knowledge in the convenience channel.
BON products have also been available in 20 Okay Compact stores operated by Colruyt Group since 2023, with plans for further growth in this area.
Guardiola Invest is another key shareholder in BON. According to Frédéric Markiewicz, director at Guardiola Invest, “[The] strategic investment by Colruyt Group represents a significant milestone in the evolution of BON and offers attractive new prospects for the company and its stakeholders.”
ESM
Related news
Japan’s Mitsubishi Expands In Salmon Farming With Acquisitions In Norway, Canada
Japanese trading house Mitsubishi said it would expand its salmon…
Read more >Belgians made 23.7 million trips in 2024
Belgian citizens made 23.7 million trips abroad in 2024, around…
Read more >L’Oréal Agrees To Acquire Professional Haircare Brand Color Wow
Cosmetics giant L’Oréal has agreed to acquire haircare brand Color…
Read more >Related news
Carrefour sells Italian branch to NewPrinces Group
Carrefour has entered into a binding agreement with NewPrinces Group…
Read more >Does food become more expensive because it passes through too many hands? – Tamás Éder spoke about supply chains and the illusion of “shortening”
Many people believe that food prices could be cut if…
Read more >