Announced

CapVest Partners-backed Natra to acquire Gudrun from Down2Earth.

Synopsis

CapVest Partners-backed Natra, one of Europe’s largest vertically integrated private label and co-manufacturing platforms for chocolate products, agreed to acquire Gudrun, a provider of Belgian chocolates and truffles, from Down2Earth, a private equity firm. Financial terms were not disclosed. "Gudrun is a fantastic business and this highly complementary strategic combination will significantly enhance Natra’s premium Belgian chocolate offering, while also allowing Gudrun to capitalise on Natra’s global reach and deep customer relationships. We look forward to welcoming our new Gudrun colleagues on board once the deal completes and working with them to build on their successes to date to drive further innovation and growth," Armando Santacesaria, Natra CEO.

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