Groupement les Mousquetaires to acquire St Mamet from Hivest Capital.

Groupement les Mousquetaires agreed to acquire St Mamet, a producer of canned fruits and fruit-based food products in France, from Hivest Capital, an investment firm. Financial terms were not disclosed. “We are delighted to see the progress made over the last few years by the company, both in terms of industrial excellence and brand development. The project built between St Mamet and Agromousquetaires will enable the company to enter a new stage in its development. By relying on the company’s strengths and in particular its close link with the French arboricultural sector, this project has all the assets to enable St Mamet to continue to reveal its full potential. It is a wonderful project for the company, its employees and the industry," Cédric Lépée, Hivest Capital Managing Partner.