Belgian bakery group Vandemoortele has secured €100m ($118.01m) in funding amid its expansion push. The company, known for its bakery products, margarines and spreads, is raising the funds through a mezzanine finance or subordinated loan from Tikehau Capital, the Belgian Resilience Fund, Flemish investment company PMV and Welvaartsfonds. According to a statement, the newly secured financing aims to “strengthen” Vandemoortele's capital framework, enabling the company to continue its focus on mergers and a ...