© Copyright Acquisition International 2024 - All Rights Reserved.

Article Image - JP Morgan Advise IK Investment’s Acquisition of Cérélia Group
Posted 24th June 2015

JP Morgan Advise IK Investment’s Acquisition of Cérélia Group

JP Morgan Advise IK Investment's Acquisition of Cérélia Group

Mouse Scroll AnimationScroll to keep reading

Let us help promote your business to a wider following.

JP Morgan Advise IK Investment’s Acquisition of Cérélia Group

JP Morgan Advise IK Investment’s Acquisition of Cérélia Group

View Biography
JP Morgan

View Biography
EY

View Biography
Image

Financial Adviser – Edouard Debost

Financial Due Diligence -Daniel Benquis

Legal Advisor – Eduardo Fernandez

IK VII Fund, advised by IK Investment Partners, announced an investment in Cérélia Group, a leading European manufacturer of ready-to-use dough. Financial terms of the transaction are not disclosed.

In 2012, the merger of EuroDough and L’Alsacienne de Pâtes Ménagères created Cérélia, bringing together nearly 40 years of experience. Today, Cérélia is a leading European manufacturer of ready-to-use private label dough, generating sales of EUR 212 million in 2014. The Company has a wide product range that includes rolled pie dough, pizza dough, exotic dough, pastries, cake batter and organic dough, selling its products both through private labels and its own brands Croustipate and Pop! Bakery. In total the Company has four production plants and 650 employees. The IK VII Fund is acquiring Cérélia from Sagard, the majority shareholder since 2012, Capzanine, Cerea Capital and BNP Développement.

“We are delighted to partner up with Guillaume Réveilhac and his team at Cérélia. Our intention is to strengthen the European and international development of the company by allowing Cérélia to make significant add-on acquisitions,” says Rémi Buttiaux, Partner at IK and advisor to IK VII Fund.

“We are excited to partner with IK as they have an impressive track record in the food industry in Europe. We expect to get strong benefit from their expertise and network and are committed together to develop the group, organically and through acquisitions. Our plan is to broaden the company’s leading position in new segments and new geographies. Sagard has been a valuable partner for our company, facilitating the merger between EuroDough and APM. With IK, the Cérélia team is looking forward to writing the next chapter of our journey,” says Guillaume Réveilhac, CEO of Cérélia.

“We are proud to have been the catalyst of the great industrial project that has been Cérélia. This performance has been largely driven by Guillaume Reveilhac and his talented team: everyone within the group did their best to make the EuroDough-APM merger a huge success. We are now confident that IK Investment Partners will continue to support the company’s growth,” said Antoine Ernoult-Dairaine at Sagard Partner.

Categories: Legal, M&A, Strategy


You Might Also Like
Read Full PostRead - Eye Icon
Best Independent Investment Manager – Louisiana & Recognised Leaders in Fixed Income & Macro Strateg
Finance
01/07/2016Best Independent Investment Manager – Louisiana & Recognised Leaders in Fixed Income & Macro Strateg

Callais Capital is a family office and independent investment manager based in Southern Louisiana. Harold Callais provides us with a riveting insight into the firm and the financial products it offers.

Read Full PostRead - Eye Icon
Mid-Size Businesses Lead from the Front on Job Creation and Wage Increases in 2015
Leadership
19/03/2015Mid-Size Businesses Lead from the Front on Job Creation and Wage Increases in 2015

The Barclays Employers' Survey 2015, which questioned over 660 UK businesses*, has revealed that mid-size businesses will be leading on job creation and wage growth in 2015.

Read Full PostRead - Eye Icon
Eurozone’s Exit from Deflation ECB a Pause for Breath
Finance
01/05/2015Eurozone’s Exit from Deflation ECB a Pause for Breath

Annual consumer price inflation across the Eurozone climbed up to zero in April 2015 after four months of consecutive declines, Eurostat reported this morning.

Read Full PostRead - Eye Icon
RPM Acquires UK Industrial Tape Manufacturing Business
M&A
03/11/2016RPM Acquires UK Industrial Tape Manufacturing Business

RPM International Inc. today announced that it has acquired Adhere Industrial Tapes Ltd. to be part of its tremco illbruck business group.

Read Full PostRead - Eye Icon
Five Things to Outsource for Your Business
News
06/01/2023Five Things to Outsource for Your Business

With running a business, there’s a balance between overhead and profit. Your overhead needs to be low enough to maximise profit, but you also need to invest enough back into your company to grow. One method a lot of businesses use to strike this balance is o

Read Full PostRead - Eye Icon
Proud to Support its Veterans
News
05/10/2022Proud to Support its Veterans

Woodside Quality LLC (Woodside) is a CVE Certified Service-Disabled Veteran Owned Small Business (SDVOSB) providing performance improvement, project management, and analytics support to federal and commercial clients.

Read Full PostRead - Eye Icon
Rolls-Royce Wins Largest Ever Order from Emirates
Strategy
20/04/2015Rolls-Royce Wins Largest Ever Order from Emirates

Rolls-Royce has won its largest ever order, worth $9.2bn, to provide Trent 900 engines and TotalCare® service support to Emirates. The engines will power 50 Airbus A380 aircraft that will enter service from 2016.

Read Full PostRead - Eye Icon
Securing Cryptocurrency Wallets With Biometrics
News
11/10/2024Securing Cryptocurrency Wallets With Biometrics

Securing Cryptocurrency Wallets With Biometrics: A Closer Look photo-1639803812104-7fe5161508a1 (1932×1087) (unsplash.com) Cryptocurrency transactions are becoming increasingly mainstream. With high transaction speeds, improved security, and seamless cro

Read Full PostRead - Eye Icon
GBST Honoured as Financial Service Software Supplier of the Year – UK
Finance
29/06/2015GBST Honoured as Financial Service Software Supplier of the Year – UK

United Kingdom, 8th June 2015 – GBST Holdings Limited (ASX: GBT) (GBST), a global provider of securities transaction and fund administration software for the financial services industry, were recognised with the “Financial Service Software Supplier of the



Our Trusted Brands

Acquisition International is a flagship brand of AI Global Media. AI Global Media is a B2B enterprise and are committed to creating engaging content allowing businesses to market their services to a larger global audience. We have 14 unique brands, each of which serves a specific industry or region. Each brand covers the latest news in its sector and publishes a digital magazine and newsletter which is read by a global audience.

Arrow