Lotus Bakeries

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Lotus Bakeries NV is a Belgian multinational snack food company founded in 1932 and based in Lembeke, East Flanders. The company's best-known product is its speculoos biscuits, branded as Biscoff (a portmanteau of "biscuit" and "coffee"). Other Lotus brands include nākd, TREK, BEAR, Kiddylicious, Peter's Yard, Dinosaurus, Peijnenburg, and Annas. Lotus Bakeries has production facilities in Belgium, the Netherlands, France, Sweden, South Africa, and the United States. A third production facility for Biscoff is being built in Thailand and will be operational by 2026. Lotus Bakeries is active in about 70 countries in Europe, America, Asia, and Australia. The company has about 3,300 employees, and its revenue was EUR 1.23 billion for 2024. Since 1988 shares in Lotus Bakeries have been listed on Euronext Brussels. Most are owned by the Boone and Stevens families. Jan Boone, grandson of founder Jan Boone Sr., has been the CEO since 2011.