Davidson Kempner / Afendis-backed Glacier Acquires YSCO
January 8, 2025
Davidson Kempner Capital Management, supported by operating partner Afendis Capital Management, has completed the acquisition of ice cream producer YSCO through its Glacier ice cream investments platform. The deal brings YSCO together with Gelato d'Italia to create one of the largest third‑party ice cream manufacturers globally (combined revenues in excess of €600 million); YSCO operates production sites in Belgium and France and distributes up to 200 million liters annually.
- Buyers
- Glacier (ice cream investments platform), Davidson Kempner Capital Management LP, Afendis Capital Management
- Targets
- YSCO
- Platforms
- Glacier
- Industry
- Food & Beverage
- Location
- West Flanders, Belgium
- Transaction Type
- Addon
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