BRIDOR has announced the acquisition of PANAMAR BAKERY GROUP for an enterprise value exceeding €1 billion, making it the largest transaction in the history of the LE DUFF Group. This landmark deal integrates 11 Spanish production sites and 2,600 employees into Bridor’s existing network, creating a global powerhouse with a combined turnover of €2.5 billion in 2026. The strategic rationale for the deal is rooted in the "Premiumization" of the frozen bakery market and the capture of the highly resilient Spanish tourism and retail channels. By acquiring the Valencian leader, Bridor immediately gains access to a competitive export hub via the Port of Valencia and adds 1,200 specialized references to its global portfolio. This acquisition is the fifth major move in a multi-year global investment plan, following recent entries into Australia and the Netherlands. The partnership is designed to harmonize high-volume industrial excellence with traditional bakery craftsmanship, effectively cementing Bridor’s undisputed leadership in the professional food service and premium retail sectors worldwide.

Panamar Bakery is a premier Spanish manufacturer and distributor of frozen bakery products, bread, and pastries. The group operates an integrated production and distribution network featuring 11 specialized factories with an annual production capacity of 350,000 tons. Serving the retail, hospitality (HORECA), and traditional bakery sectors, the company offers a vast catalog of over 1,200 references. While 90% of its sales are concentrated in the dynamic Spanish market—leveraging the country’s status as a top global tourist destination—it also exports to more than 20 countries. Strategically located near the competitive Port of Valencia, the group utilizes its logistics strength to maintain high quality standards across its four core brands, positioning itself as a key industrial pillar for frozen dough and high-volume premium bakery solutions in Southern Europe.