Platinum Equity, a global investment firm based in Los Angeles, completed the acquisition of Biscuit International, a European manufacturer of private label sweet biscuits, from Qualium Investissement for $503m. "Biscuit International has an exceptional portfolio and a well-deserved reputation for high-quality products. We support the company's plan to continue expanding its offering and its international reach, both organically and through additional add-on investments. We look forward to working with the management team to optimize the platform and maximize operational performance throughout the business," Louis Samson, Platinum Equity Partner.