The agreement means an increased presence in the bakery segment, a very attractive segment where several of Bayn's development projects are already well advanced with several major food producers. The company expects to see a launch of several of these products in 2021 and Engelhardt has a well-established platform that ensures an efficient value chain and implementation of the products to new customers.
"We are very pleased to start working with one of Sweden's strongest partners in the bakery segment. There is a huge potential in replacing sugar in buns, cookies, cakes and the like, and our ongoing development projects have shown good results so far. Together we have a strong starting point, where Engelhardt's technical know-how and market presence guarantee a good collaboration!" - Patrik Edström, CEO Bayn Group AB
B. Engelhardt & Co AB is a Swedish company with about 60 employees and a turnover of 321 MSEK in 2019. The company has cutting-edge expertise in product development and a strong commitment to leading the development and delivering tastier and healthier products to its customers. The group is represented in all the Nordic countries with the subsidiary Engelhardt A/S in Denmark and Engelhardt Finland. The head office is located in Västra Frölunda in Gothenburg with associated laboratory, test kitchen, production and warehouse.
