Crédit Mutuel Equity to acquire Charles & Alice from Equistone.

Crédit Mutuel Equity, a private equity firm, agreed to acquire Charles & Alice, a producer of healthy snacks and fruit desserts based, from Equistone, a London-based independent investment firm. Financial terms were not disclosed. “The independence of the company is a strategic choice in the market for fruit and plant-based desserts, which is controlled by large agri-food groups. This is a challenge in this environment, but it is also a great source of motivation for all our teams, who see this new round of financing as an opportunity to continue working resolutely on the group's future success," Thierry Goubault, Charles & Alice Chairman.