Announced
Synopsis
CVC, a global private markets manager, agreed to acquire Monbake, a frozen pastry distributor, from Ardian, Alantra, Artá, and Landon. Financial terms were not disclosed. "We would like to thank Ardian for their strong support and commitment to Monbake's growth over the past six years. At the same time, we are proud of CVC's decision to support our company in its consolidation and continued growth phase. We are convinced that CVC is the right partner to take Monbake to the next level, and we look forward to working with them over the coming years,” Aurelio Antuña, Monbake CEO.
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