Announced
Synopsis
3i Group, a British multinational private equity and venture capital company, agreed to acquire a stake in Dutch Bakery, a bakery group specialised in home bake-off bread and snack products, from Egeria, an independent investment company. Financial terms were not disclosed. "3i has extensive experience in the private label market through its investments in Royal Sanders and Refresco and a proven track record of growing companies internationally, both of which will be of great benefit to us. We look forward to working with them to build on our success to date and create a leading European player in the bake-off market," Raoul Vorage, Dutch Bakery CEO.
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