Announced
Completed
Financials
Tags
Food Products
Domestic
food producer
Majority
Private
Acquisition
Private Equity
mashed potatos
packaged foods
Single Bidder
Friendly
France
Completed
Synopsis
FnB Private Equity, a French investment fund, SWEN Capital, an investment management firm, and Turenne Groupe, an independant private equity management company, completed the acquisition of Mousline, a France-based mashed potato business, from Nestle, a Swiss multinational food and drink processing conglomerate. Financial terms were not disclosed. “We are giving new strategic impetus to the Mousline brand. Our ambition is to pursue growth by accelerating Mousline’s capacity for innovation and strengthening our links in Picardy with our farmers and local players,” Philippe Fardel, Mousline President.
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