Idak Food Group sells Kadi to Invision and strengthens its focus on premium bakery products

Idak Food Group, a pan-European company specialising in premium frozen products, has sold Kadi to the investment company Invision with effect from 1° September 2026.

A change in strategy

At the beginning of this year, Idak acquired the Onoré Group, based in Toulouse, France, significantly expanding its bakery & patisserie business area. With the sale of Kadi, a producer of potato-based foods and snacks, Idak has now decided to focus exclusively on high-quality bakery products, divided into two complementary categories: bakery & patisserie and pizza & pizza snacks.

The comments

Alexandre Vigneron, CEO of Idak Food Group, comments: “With a clear focus on the bakery segment, we are strengthening our strategic orientation towards high-quality bakery products, sold and appreciated all over the world. Highly complementary production processes also enable us to target our investments even more precisely, strengthening our competitive position and accelerating our international growth”.

In 2018, Idak Food Group began its journey with the aim of building a pan-European group in the premium frozen products sector. Kadi, then fully integrated into the Group, marked the beginning of this successful journey. “Thanks to its solid development, Kadi has made a significant contribution to the Group’s current market position and international profile. It remains an important part of our history”, concludes Alexandre Vigneron.

Yvonne Richard, CEO of Kadi Yvonne Richard, CEO of Kadi, also welcomes the company’s future direction: “This sale enables us to continue our journey independently and to further develop our business autonomously within our market”.

Continuity assured

Kadi will now come under the majority control of the investment company Invision, while management will retain a minority stake. Invision and Kadi already know each other from their previous collaboration, as Kadi was part of Invision’s portfolio from 2018 to 2024.

CEO Yvonne Richard and the Executive Committee will retain their respective positions. Christof Lehmann, former co-CEO of Idak Food Group and former CEO of Kadi, as well as a current member of the Board of Directors of Idak Food Group, will become Chairman of Kadi’s Board of Directors.

“We are proud of what Kadi helped to build within Idak Food Group”, says Yvonne Richard. “With Invision, we are entering a context that knows our business, our culture and our ambitions very well. This knowledge guarantees continuity and, at the same time, entrepreneurial freedom for the next phase”. Christof Lehmann adds: “I am delighted to accompany Kadi through its next phase of development and to be able to contribute my experience”.

This article was translated from the original Italian version with the assistance of artificial intelligence. In case of discrepancies, please refer to the original Italian version.