Limagrain Céréales Ingrédients (LCI) is strengthening its position as a European supplier of grain specialties by acquiring all shares of Unicorn Grain Specialties. The acquisition of the shares, currently held by Nordian Capital Partners, will be completed within a few weeks after obtaining all required regulatory approvals.
Unicorn Grain Specialties is a Northern European specialist in unlocking natural functionalities of grains, seeds and legumes. With a focus on the area of "Understanding Texture & Enhancing Nutrition," Unicorn offers specialties to the food and feed industries. The combination of both companies will allow for further innovative grain specialties for customers involved in the markets for bakery products, snacks, breakfast cereals, meal components, pet food and animal feed.
The new group of 350 employees generates a turnover of almost 150 million euros and strengthens the company’s position in the field of natural grain specialties. It processes more than 330,000 tons of grain annually in seven production sites throughout Europe.
"Unicorn has a strong position in Benelux and Germany,” said Emmanuel Goujon, managing director of LCI. “Unicorn also has innovative products and a professional team with a lot of knowledge and experience. Both companies are geographically and technologically complementary and share their vision in the field of food safety.”
