Lantmännen Unibake, one of Europe’s largest bakery groups and part of the Swedish agricultural cooperative Lantmännen, has acquired Boboli, a Dutch leader in savoury bakery products, providing customer solutions across bake-off and chilled technologies.
Boboli specialises in Mediterranean flatbreads – including focaccias, pizzas and pizza crusts – and has established strong positions in the Benelux, the UK and Germany. The company employs approximately 200 people and operates a state-of-the-art bakery in Bunschoten, which will become Unibake’s first bakery in the Netherlands. Gilde Equity Management has been supporting Boboli over the past 9 years.
For Lantmännen Unibake the acquisition reflects both market trends and strategic priorities. Boboli brings deep expertise, significant capacity, and a solid track record of growth supported by recent investments. It will serve as a cornerstone in Unibake’s expansion in the savoury segment.
Carsten Thomsen, President of Lantmännen Unibake, said:
“The acquisition of Boboli is a strong step forward in expanding our portfolio and strengthening our position in the fast-growing European bake-off market. Boboli is a respected company with a strong reputation and with its expertise in savoury products across bake-off and chilled technologies we are not just adding capacity, we are shaping new opportunities for growth, partnerships, and long-term leadership in this category.”
Bart Hulsman, CEO of Boboli, said:
“After our growth journey with Gilde, joining Lantmännen Unibake is a natural next step. With their long-term perspective and strong values, we gain a strategic partner that shares our commitment to professionalism, innovation and sustainability. Together with our dedicated employees, we are well-positioned to accelerate our business growth and continue serving customers across Europe.”
Magnus Kagevik, CEO and president, Lantmännen, said:
“This marks an important step in our strategy to drive continued growth within Lantmännen’s established businesses. By combining strengths across markets and categories, we are building a more competitive and resilient business, well positioned to expand even further and deliver long-term value both for our customers and our owners, Swedish farmers.”
About Lantmännen Unibake
Lantmännen Unibake is a leading international bakery group, headquartered in Copenhagen. We operate modern bakeries in multiple countries, employ approximately 6,000 people, and sell our products in over 60 markets. Our portfolio includes well-known B2B and B2C brands such as Schulstad, Schulstad Bakery Solutions, Bonjour, Americana, Vaasan, Myllyn Paras, Pastridor, and Hatting. Part of the farmer-owned Lantmännen Group, we are rooted in the Nordics and dedicated to delivering safe, healthy, and sustainable bakery products worldwide. Read more at: www.lantmannenunibake.com/
About Lantmännen
Lantmännen is an agricultural cooperative and Northern Europe’s leader in agriculture, machinery, bioenergy and food products. Owned by 17,000 Swedish farmers, we have 12,000 employees and an annual turnover of SEK 70 billion. By engaging in research, development and operations throughout the value chain, we take responsibility from field to fork. For more information: www.lantmannen.com
About Boboli
Boboli is a leading bakery in the savoury bread category, headquartered in Bunschoten, the Netherlands. We have served the European market for more than 25 years with products such as sharing breads, pizzas, focaccias, and specialty breads. We partner with retailers, foodservice operators, and industrial clients to deliver tailor-made concepts across retail, convenience, and foodservice channels. Dedicated to quality, innovation, and growth, we play an active role in the fast-developing savoury bakery market. Read more at: www.boboli.nl
About Gilde Equity Management
Gilde is a leading independent investment company with more than 30 years of experience in assisting medium-sized and large companies with roots in the Netherlands and Belgium. Gilde actively supports entrepreneurial (family) businesses with succession issues, international growth and buy-and-build strategies. With more than EUR 2.5 billion under management and deep sector experience, Gilde is the ideal partner for companies with solid fundamentals and ambitious growth targets. Read more at: www.gembenelux.com