Naturellement Gourmand (Abenex) Acquires Les Délices du Chef

Abenex Acquires Tartefrais to Form Naturellement Gourmand (NG Group)

January 28, 2019

Food & Beverage

Abenex has acquired Tartefrais SAS and created the Naturellement Gourmand (NG) agri-food group, with Tartefrais becoming the leading operating company. Tartefrais is based in Falaise (Calvados), employs about 220 people and generates approximately €27 million in sales; Abenex will pursue an external growth strategy and export development under new group leadership.

Laboratoires Lehning Acquires Laboratoire Lescuyer from Abenex

October 1, 2020

Pharmaceuticals

Groupe Lehning (Laboratoires Lehning) has acquired French dietary-supplements maker Laboratoire Lescuyer from private equity firm Abenex; Abenex and co-investors Bpifrance and Ouest Croissance sold their entire stakes. Isabelle de Carmantrand and the Lescuyer family reinvested alongside the buyer; the deal is intended to combine complementary therapeutic areas and distribution channels to accelerate brand growth.

Vandemoortele Acquires Majority Stake in Banneton Bakery

April 8, 2024

Food & Beverage

Vandemoortele, a family-owned European food group, has acquired a majority stake in Banneton Bakery, a New Jersey-based manufacturer of freezer-to-oven croissants, danishes, and other pastries. The transaction represents a full exit for Encore Consumer Capital; founders Victor and Alex Litinetsky remain investors and will continue to run day-to-day operations.

Ardian Acquires Cérélia from IK Investment Partners

December 19, 2019

Food & Beverage

Ardian has agreed to acquire Cérélia, a Paris-headquartered producer of ready-to-bake dough, pancakes, crepes and cookies, from the IK VII Fund advised by IK Investment Partners. Management, led by Guillaume Réveilhac, will retain a meaningful stake alongside Ardian as the buyer seeks to accelerate Cérélia's organic growth, acquisitions and geographic expansion across Europe and North America.

Groupe Le Duff (Bridor) Acquires Lecoq Cuisine Corporation

July 21, 2022

Food & Beverage

Groupe Le Duff, through its Bridor subsidiary, has acquired Lecoq Cuisine Corporation, a U.S. producer of premium frozen Viennese and French-style pastries. The deal adds Lecoq's Bridgeport, Connecticut production capacity (about 250 employees and $60M revenue in 2022) to Bridor's global frozen bakery platform to support North American growth.

Abenex and Arkéa Capital Acquire Majority Stake in Prévost Laboratory Concept

May 11, 2020

Manufacturing

Abenex (via Abenex Croissance) has acquired a majority stake in Prévost Laboratory Concept, a Nouvoitou, France-based contract laboratory that formulates, produces and packages cosmetics, food supplements and animal care products. The deal is supported by Arkéa Capital and founder Véronique Prévost (who remains chairman); the company employs ~30 people and generates about €8 million in revenue and will pursue accelerated organic and international growth.