By Bakers Journal
Gilbert Bundy, CEO of Bundy Baking Solutions announced the expansion of American Pan in the European market.
Bundy Baking Solutions acquired Runex, a Sweden-based provider of bakeware and coating services. The agreement includes the company’s production, sales and service operations in Sweden, Norway and the UK.
Bundy said in a statement, “The Runex business and team is a great addition to our European operations. Not only do our two family-owned companies have similar values, but we also both have a passion for the baking industry and a reputation of providing exceptional service.”
Pär Adelman, CEO of Runex also expressed excitement about the future of Runex as part of the American Pan and Bundy organizations.
American Pan currently has locations throughout Europe in Skelmersdale, UK; Irlam, UK; Barcelona, Spain; and Alexandria, Romania. The Runex coating operation formerly in Luton, England has moved to the American Pan site in Skelmersdale and will continue to provide refurbishment of Runex brand coatings. Runex locations in Sweden and Norway will continue normal operations in their current facilities.