Bonduelle Fresh

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We’re talking vegetables — and Bonduelle, which is one of Europe’s largest processed and fresh vegetable businesses — has sales in more than 80 countries. The company produces canned and frozen vegetables, as well as ready-made salads and raw vegetables, at its 30 plants. The company has also zoomed into ‘shrooms with its 2010 purchase of French mushroom king, France Champignon. Now it’s looking to acquire the Russian operations of French cooperative Groupe CECAB. Bonduelle sells its products to customers in the retail food, food service, and food-manufacturing industries.

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2.7

Overall Excellence Rating

Industry

Manufacturing

Category

Food & Beverages

ESG/Ethical Impact

We want to inspire the transition toward a plant-based diet to contribute to people’s well-being and planet health. We are a French family business with 14,700 employees and we have been innovating, together with our farming partners since 1853. Our ready-to-use products are cultivated on 124,000 hectares of land and sold in almost 100 countries, for a revenue of 2,779 million euros. While Bonduelle’s growth on a like-for-like basis was mixed due to the health crisis, the group demonstrated its extreme resilience thanks to a diversified portfolio of activities in terms of technologies, distribution channels and geographies. In this context of highly irregular developments, the ability of the teams to mobilize collectively and in unison, combined with uncompromising standards and a robust and integrated model, were our greatest assets in continuing our growth. We have been able to adapt and innovate to support our strategy of sustainable growth with a positive impact. On the financing side, this is evidenced by the success of the share capital increase reserved for our French agricultural producers and the implementation of the first green financing with the renewal of the Revolving Credit Facility, backed by a corporate social responsibility (CSR) performance objective. Food service shows uneven results depending on the markets, its recovery being linked to the gradual lifting of restrictions on health and movement. Despite the limited availability of certain products, particularly towards the end of the fiscal year, the business units offering products with a long shelf-life, Bonduelle Americas Long Life, Bonduelle EurAsia Markets and Bonduelle Europe Long Life, recorded encouraging performances. In fresh, Bonduelle Fresh Europe is continuing the turnaround that began with the recovery in the European markets. In the United States, Bonduelle Fresh Americas posted solid sales performance, but its profitability suffered in particular from general labor shortages and additional logistics costs.

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Awards Received

2023

Revenues

$2,900,000,000.00

Website Traffic

Employee Rating

3.8

Customer Rating

3.6

Company Size

10000+

ESG Risk Rating

3

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