By this acquisition Versele Laga gains a better foothold in the USA to increase the distribution of its own products by mobilising the Goldenfeast dealers' network. The takeover enables Goldenfeast to widen its international radius and accelerate its product differentiation. The founder of Goldenfeast, Edward J. Schmitt, will remain on the board for some time after the acquisition, to offer his long-standing know-how and contribute to the success of the upcoming development.
Acquisition
Versele Laga acquires Goldenfeast

By this acquisition Versele Laga gains a better foothold in the USA to increase the distribution of its own products by mobilising the Goldenfeast dealers' network. The takeover enables Goldenfeast to widen its international radius and accelerate its product differentiation. The founder of Goldenfeast, Edward J. Schmitt, will remain on the board for some time after the acquisition, to offer his long-standing know-how and contribute to the success of the upcoming development.