La Lorraine Rus

History

2025: La Lorraine Bakery Group buys 15.9% stake in La Lorraine Rus from RDIF

The structure Russian Direct Investment Fund transferred to the Turkish subsidiary of the Belgian La Lorraine Bakery Group 15.9% controlled by it in La Lorrain Rus Limited Liability Company. The company's business may cost more than ₽2 billion, writes "" in Kommersant October 2025.

LLC Promising Industrial and Infrastructure Technologies-12 left the number of co-owners of LLC La Lorren Rus. Information is contained in the data of the Unified State Register of Legal Entities. The share controlled by the structure passed to the Turkish subsidiary of the main owner.

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Фото: Freepik

Until 2022, the PPIT-12 company was called RDIF Investment Management-15 LLC. She contacted the Russian Direct Investment Fund. In 2025, the beneficiaries of the company were not disclosed.

RDIF representatives explained that the fund left the investment with a return. The exit occurred in accordance with the initial agreements with partners. The financial details of the deal were not disclosed.

La Lorraine Bakery Group was established in Belgium in 1939. The company specializes in the production of frozen semi-finished products, fresh bread and baked goods. The products come under the brands Donut Worry Be Happy, Panesco and La Lorraine.

The company also develops the Panos and Deliway bakery chains in different countries. The revenue of La Lorraine Bakery Group in 2024 amounted to €1.46 billion. It is one of the largest European producers of bakery products.

The Russian Direct Investment Fund was established by the Russian government in 2011. The fund makes investments in fast-growing sectors of the economy. The organization is headed by Kirill Dmitriyev.

RDIF's investments in the Russian subsidiary La Lorraine Bakery Group were announced in 2021. During this period, the company began construction of an enterprise in the village of Staromikhailovskoye, Borovsky District, Kaluga Region.^[1]

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