Announced

Completed

Apheon-backed Haudecoeur completed the acquisition of Cepasco from Evoco and BNP Paribas Developpement.

Synopsis

Apheon-backed Haudecoeur, an ethnic food procurement, production and distribution services provider, completed the acquisition of Cepasco, a French herbs and spices provider, from Evoco, a Swiss private equity firm, and BNP Paribas Developpement, a French investment company. Financial terms were not disclosed. “We are delighted to welcome Cepasco within the Haudecoeur Group. This acquisition will strengthen our position in the herbs and spices market, and consolidate our leadership in France, enhancing our ability to serve our customers with an expanded range of products. We have identified significant synergies and strategic advantages in this acquisition and look forward to start working with the Cepasco team,” Jean-Jacques Caspari, Haudecoeur CEO.

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