28 Oct 16

Private placement information memorandum

NV Vandemoortele offers subscription to subordinated bonds through private placement.

Vandemoortele announces the offering of subordinated bonds with a seven-year duration, and for a maximum amount of € 75,000,000 by way of a private placement. Each bond has a denomination of € 100,000. The Bonds will be issued on 7 November 2016 and mature on 7 November 2023.

Read the pdf.

About Vandemoortele

Vandemoortele was founded in 1899 as a Belgian family business, and has continued to grow and develop ever since. Over the last two decades, we became a European food company with leading positions in two product categories: Bakery Products (BP) and Plant-Based Food Solutions. We are known for supplying innovative and high-quality products. 

In 2023, Vandemoortele realised a turnover of around EUR 1.9 billion with 4,080 associates (permanent and temporary). The Vandemoortele Group headquarters are located in Ghent, Belgium. We have commercial offices in 12 European countries, as well as in the United States and Asia. We operate in 29 high-quality production sites all over Europe, in order to ensure proximity to all our key markets. We export from Europe to 72 countries worldwide.

News & Media Contact

Marc Croonen

marc.croonen@vandemoortele.com