Valora

IFBC was mandate by Valora to review the model for the annual goodwill impairment tests as well as the applied cost of capital. Based on relevant accounting regulations and current best practice, recommendations for the further development of the impairment model were made and implemented. The Valora Group is a leading food convenience provider with approximately 2’700 sales outlets at high frequency locations in Switzerland, Germany, Austria, Luxembourg and the Netherlands. Furthermore, the company is an international producer of pretzel bakery products.