A&M Capital Europe, a private equity firm, completed the acquisition of IBG, a distributor of confectionery, baked goods and savoury snacks into the convenience retail, specialty, wholesale and grocery channels, from Sculptor, a private equity firm. Financial terms were not disclosed. The partnership with AMCE is expected to enable IBG to strengthen its existing position. IBG will continue under the leadership of its existing management team, led by CEO Wayne Beedle, with Wayne and his team investing alongside AMCE.