Valeo Foods Group completes acquisition of IDC Holding

UK – Valeo Foods Group, one of Europe’s leading producers of sweets, snacks, and confectioneries, has finalized the acquisition of IDC Holding, a renowned producer of wafers, biscuits, and confectionery based in Central and Eastern Europe. 

The deal, initially announced in September 2024, marks a significant milestone in Valeo’s expansion strategy.  

While the financial details of the acquisition remain undisclosed, Valeo described IDC Holding as a “transformative” addition to its growing portfolio. 

Founded over a century ago in Slovakia, IDC Holding generates annual revenues nearing €200 million. Its diverse portfolio includes popular brands such as Horalky, Mila, and Lina, well-known across Central and Eastern Europe.  

The company operates three production facilities in Slovakia, with additional subsidiaries in the Czech Republic, Hungary, and Poland, employing over 1,150 people. 

Ronald Kers, chief executive of Valeo Foods Group, commented on the acquisition, stating: “The acquisition of IDC Holding introduces complementary brands and opens the door to significantly strengthening our position in the Central and Eastern European market. We are confident our market strategies will drive profitable growth through enhanced distribution, greater penetration, and a cost-efficient supply chain.” 

This acquisition aligns with Valeo’s broader strategy to establish itself as a leader in the sweets and treats sector across Europe.  

With more than 80 brands in its portfolio and annual revenues exceeding €1.6 billion, Valeo aims to leverage IDC Holding’s market presence and operational capabilities to achieve sustainable growth. 

This acquisition follows Valeo’s strategy of expanding its portfolio in the sweets and treats sector.  

In July 2024, the company acquired Appalaches Nature, a Canadian maple syrup business, marking its second acquisition in North America. 

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