What’s Cooking explores options for selling Business Unit

What’s Cooking Group NV (What’s Cooking?), a leading European fresh food group with a wide range of savory toppings and ready meals, announces that it has initiated a process to explore strategic options, including the potential sale of the Savory Toppings – Savory Business Unit

As part of this process, preliminary discussions have started about the possible sale of 100 percent of the share capital of What’s Cooking Savory Belgium NV and its Savory subsidiaries in Belgium, the Netherlands, France, UK and Germany that produce, cut and sell savory toppings.

The Strategic Business Unit Savory Beleg – Savory represents 464 million euros of the 832 million euros consolidated turnover of What’s Cooking? for the 2023 financial year.

To date, no commitment has been made and no terms of a potential transaction are known. At this stage it is also uncertain whether a transaction will take place, and if it should go ahead, on what terms.