FnB Private Equity, SWEN Capital and Turenne Groupe completed the acquisition of Mousline from Nestle.

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.