Announced
Completed
Financials
Tags
France
Friendly
Private
Majority
Food Products
Completed
food products
Acquisition
Venture Capital
Cross Border
Single Bidder
Private Equity
Mbo
Synopsis
BIP Investment completed the acquisition of a majority stake in La Romainville from its founders, managers and minority shareholders. Financial terms were not disclosed. "We were attracted by the unique positioning of La Romainville on the traditional and family pastry market in France. We are convinced that the company benefits from high growth potential by leveraging its operational excellence, exploring new areas in France and continuing the development of its website. We are very happy to have been chosen by the team of La Romainville to support them in their next stage of their development. This transaction perfectly demonstrates the investment strategy of BIP," Estelle Fornallaz, BIP Investment Partner.
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