Lotus Bakeries NV engages in the production and sale of bread, biscuits, cake, and waffles. It operates through the following geographical segments: Belgium, France, the Netherlands, UK, and Other. The Belgium segment comprises of sales of factories in belgium. The France segment covers sales by sales office in France. The Netherlands segment includes sales office Netherlands and intra-group sales by factories in the Netherlands. The UK segment involves sales in UK, Natural Balance Foods, and Urban Fresh Foods. The Other segment represents sales from Belgium Germany, Austria, Switzerland, the Czech Republic or Slovakia, North America, Spain, China, South Korea, Sweden, and Finland; and plus production in Sweden. The company was founded by Jan Boone Sr. in 1932 and is headquartered in Lembeke, Belgium.