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Announced

Ardian acquired Bellsola and Berlys bakeries in Spain.

Financials

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Capital Bid For100%
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Tags

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Spain

Private

Food Products

Private Equity

Friendly

frozen bakery

Acquisition

Single Bidder

Synopsis

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Ardian acquired Berlys and Bellsolà, companies specialized in the production and distribution of bread, bakery, pastry products and savoury snacks, with the objective of integrating both companies and creating a group with a strengthened commercial offering and a broader reach. The businesses of Berlys -which has been controlled by the funds Alantra and Artà Capital so far- and Bellsolà are highly complementary, especially in terms of products portfolio and technology. Furthermore, both companies share the same client-oriented philosophy, based on a quality product offering and a close and professional relationship. Gonzalo Fernández-Albiñana, Managing Director of Ardian in Spain, advisor of Ardian France said: “In this case, we have detected an excellent opportunity to consolidate a competitive company willing to grow and innovate. The priority for Ardian is to guarantee the continuity in the success that both projects had so far, and that the combination of both companies benefits their clients, thanks to better service, more innovation capacities, and a broader offer”.

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