Valeo Foods Group Completes the Acquisition of I.D.C. Holding

LONDON--(BUSINESS WIRE)--Jan 9, 2025--

Valeo Foods Group, one of Europe’s leading producers of quality sweets, treats and snacks, has completed its previously announced acquisition of I.D.C. Holding, a major independent producer of quality wafers, biscuits, confectionary and chocolate in Central and Eastern Europe.

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First established in Slovakia over a century ago, I.D.C. Holding is a transformative addition to Valeo Foods Group’s expanding portfolio. Producing a wide range of branded wafer, biscuit, sugar confectionary and seasonal chocolate products, I.D.C. Holding is a natural fit with Valeo Foods Group’s sweet snacking platform and would form the cornerstone for its operations in the fast-growing Eastern European market.

Commenting on the transaction Valeo Foods Group Chief Executive, Ronald Kers said, “We are delighted to complete this acquisition and welcome the team to Valeo Foods Group. The acquisition of I.D.C. Holding introduces complementary brands and opens the door to significantly strengthening our position in the Central and Eastern European market and solidifying our leading position with our international retail partners.”

"We are confident our market strategies will drive profitable growth through enhanced distribution, greater penetration and a cost-efficient supply chain. We expect the strength of our combined organisations to create value for years to come. With I.D.C. Holding joining Valeo Foods Group we can continue to build on our solid foundation underpinned by market leading brands, operational excellence and a strategic focus on becoming the undisputed sweet treats champion of Europe.”

About I.D.C. Holding

I.D.C. Holding is a major manufacturer of high-quality sweets products in Slovakia with a turnover of almost €200 million annually. The portfolio includes traditional and iconic brands such as Horalky, Mila, Lina, Kávenky, Goralki, Moments, Verbena and many others. The Group employs more than 1,150 people across three production sites located in Slovakia and three subsidiaries in Czech, Hungary and Poland.

About Valeo Foods Group

Valeo Foods Group is one of Europe’s fastest growing food groups and one of Europe’s leading producers and purveyors of quality sweets, treats and snacks. With revenues in excess of €1.6 billion, the Valeo Foods Group’s portfolio includes over 80 brands enjoyed by customers in over 100 countries around the world including Balconi, Pedro, Carstens, Jacobs, Barratt sweets, Fox’s Mints, Taveners, Poppets, Rowse Honey and Maple Crest. The Group employs over 4,500 people across 30 manufacturing facilities and offices in the UK, Italy, Germany, the Netherlands, Ireland, the Czech Republic and Canada. Valeo Foods Group is owned by leading global investment firm Bain Capital.

Mila (Photo: Business Wire)

Lina (Photo: Business Wire)

Horalky (Photo: Business Wire)

Pečivarne Sereď production site (Photo: Business Wire)

The players selected in the first round of the NBA draft Tuesday night in New York:

Scouting report: First-team Associated Press All-American and national scoring leader (25.5) as a sturdy-framed freshman. Pressured defenses by creating his own shot and getting to the line, where he led the country in made free throws (229) and attempts (296). Synergy rated him as “Excellent” as the ballhandler in pick-and-rolls (87th percentile, 27% of possessions) and post-ups (94th, 10.9%). Averaged 6.8 rebounds and 3.7 assists. Shot 51%. Scored BYU freshman-record 43 points against Utah. Must improve his 3-point shot (33.1%).

Scouting report: Scoring playmaker thrives off the dribble, in halfcourt and in transition. Freshman averaged 20.2 points, 4.2 rebounds and 1.6 assists. Shot 38.2% on 3-pointers, hitting six 3s in a win at Oklahoma State. Made 82.6% of free throws, logging six games with at least eight attempts. Biggest questions centered on availability. Dealt with a preseason full-body cramping issue requiring hospitalization, then missed 11 games for injury or illness. Frequently had limited minutes for uncertainty with his day-to-day status.

Scouting report: Fifth freshman named AP men’s national player of the year. Averaged 22.5 points and 10.2 rebounds. Shot 55.6%, routinely finishing through contact and physical play. Made 39.1% of 3s. Rated “Excellent” by Synergy against man defense (94th percentile), on post-ups (86th) and spot-up shots (95th). Strong passer (4.1 assists) out of double teams or in initiating offense. Son of former Duke and NBA player Carlos Boozer. Lacks explosive athleticism, relying more on strength and positioning than above-the-rim play.

Scouting report: Second-team AP All-American as a freshman with explosive athleticism, go-go-go motor, 7-foot wingspan and spotlight-embracing personality. Averaged 19.8 points and 9.4 rebounds. Thrived at the rim and in transition. Stood out in marquee wins against Kansas and rival Duke. Needs to add strength and hone his 3-point shot (25.9%). Had a national-leading 66 dunks when he suffered a broken left hand in mid-February, then broke his right thumb in practice when on the verge of returning in March.

Scouting report: Freshman four-star recruit became a second-team AP All-American in Illinois’ first Final Four run since 2005. Can play on or off the ball. Averaged 17.9 points, 5.1 rebounds and 4.2 assists. Shot 39.7% on 3s, hitting nine 3s in a 46-point outburst against Purdue. Rated “Excellent” by Synergy as the pick-and-roll ballhandler and with his jumper in off-the-dribble and catch-and-shoot opportunities. Lacks elite athleticism. Needs to add strength.

Scouting report: Freshman offers scoring punch with combo-guard size. Averaged 18.2 points and 4.7 assists. Erupted for 45 points and 10 3-pointers in a blowout of N.C. State to break the Atlantic Coast Conference freshman scoring record set by 2025 No. 1 overall pick Cooper Flagg. Needs to add strength. Battled back issues that sidelined him for eight midseason games and then resurfaced to sideline him for the last six.

Scouting report: First-team AP All-American with standout offensive skills. Freshman ranked third nationally in scoring (23.5) and 14th in assists (6.4), leading Razorbacks to first Southeastern Conference Tournament title in 26 years. Had program freshman-record 49 points in a double-overtime loss at Alabama. Thrived as the pick-and-roll ballhandler (rated “Excellent” in the 89th percentile by Synergy) and in isolation (rated “Very good” in the 74th percentile). Defense is a question.

Scouting report: Third-team AP All-American as a freshman with potential to be disruptive defensively. Averaged 16.1 points, 4.1 rebounds and 5.2 assists. Pressured opponents in transition or off the bounce. Had program freshman-record 42 points in a loss to Texas Tech. Posted a nearly 3:1 assist-to-turnover ratio. Ranked in the top six at combine in lane-agility time, shuttle run and three-quarter-court sprint. Needs to add strength and refine shot mechanics.

Scouting report: Versatile and physical presence as a sophomore transfer from Illinois, helping Michigan win its first NCAA title since 1989. Averaged 13.1 points, 7.3 rebounds and 1.1 blocks with potential to play forward or a small-ball 5-man. Thrived as a cutter, in post-ups and in finishing at the rim. Ranked ninth at the combine with a better than 7-3 wingspan.

Scouting report: Freshman combo guard offers potential to impact both ends of the court. Averaged 16.1 points, 4.9 rebounds and 2.4 assists for 36-win Final Four team. Shot 49.1% overall, 39.1% on 3-pointers and 80.5% on free throws. Averaged 1.5 steals, including nine games with at least three. Ranked fourth at the combine in standing vertical leap (35 inches).

11. Golden State Warriors

12. Oklahoma City Thunder (from Los Angeles Clippers)

13. Miami Heat ( traded to Milwaukee )

14. Charlotte Hornets

15. Chicago Bulls (from Portland)

16. Memphis Grizzlies (from Phoenix via Orlando)

17. Oklahoma City Thunder (from Philadelphia)

18. Charlotte Hornets (from Orlando via Phoenix)

19. Toronto Raptors

20. San Antonio Spurs (from Atlanta)

21. Detroit Pistons (from Minnesota)

22. Philadelphia 76ers (from Houston via Oklahoma City)

23. Atlanta Hawks (from Cleveland)

24. New York Knicks

25. Los Angeles Lakers

26. Denver Nuggets

27. Boston Celtics

28. Minnesota Timberwolves (from Detroit, traded to Brooklyn )

29. Cleveland Cavaliers (from San Antonio via Atlanta)

30. Dallas Mavericks (from Oklahoma City via Washington and Philadelphia)

AP NBA: https://apnews.com/nba

Caleb Wilson arrives for the first round of the NBA basketball draft Tuesday, June 23, 2026, in New York. (AP Photo/Adam Hunger)

Cameron Boozer arrives for the first round of the NBA basketball draft Tuesday, June 23, 2026, in New York. (AP Photo/Adam Hunger)

Darryn Peterson arrives for the first round of the NBA basketball draft Tuesday, June 23, 2026, in New York. (AP Photo/Adam Hunger)

Draft prospect AJ Dybantsa is introduced at the NBA basketball draft, Tuesday, June 23, 2026, in New York. (AP Photo/Yuki Iwamura)

Prospective draftees pose for a group photo with NBA Commissioner Adam Silver, center, before the first round of the NBA basketball draft, Tuesday, June 23, 2026, in New York. (AP Photo/Yuki Iwamura)