Le Duff Group, the French bakery and foodservice business, has swooped for Spain-based bread and pâtisserie company Panamar. In a statement, Le Duff, the owner of France-based bakery major Bridor, described the deal as the largest in its history. Financial terms were not disclosed. Le Figaro said Le Duff paid more than €1bn ($1.15bn). Panamar, until now family-owned, makes bread, Viennese pastries and pâtisserie products for sale to retail and foodservice customers. The company, which exports to more t ...