Groupe Le Duff (Bridor) Acquires Lecoq Cuisine Corporation

Champlain Financial Corporation-led Group Acquires Boulangerie Dumas

June 4, 2020

Food & Beverage

A group of Quebec investors led by Champlain Financial Corporation acquired Boulangerie-Pâtisserie Dumas, a Quebec City-based producer of puff pastries, croissants and vol‑au‑vents. Champlain will support the company’s product development and distribution expansion across Canada and into the United States; Marc Poulin joined as Executive Chairman. Financial terms were not disclosed.

Lesaffre Acquires 70% Stake in Biorigin from Zilor

October 4, 2024

Food & Beverage

Lesaffre has agreed to acquire a 70% majority stake in Biorigin, a yeast-derivatives business unit of Brazilian agribusiness Zilor, with Zilor retaining a 30% interest. The deal (subject to customary approvals, including CADE) gives Lesaffre control of Biorigin's production footprint in São Paulo (including a plant in Quatá) and is intended to expand Lesaffre's yeast-derivative capabilities and global savory-ingredient supply; the move follows Lesaffre's related collaboration to acquire DSM-Firmenich's yeast-extract go-to-market organization and know-how.

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.

Naturellement Gourmand (Abenex) Acquires Les Délices du Chef

March 14, 2019

Food & Beverage

Naturellement Gourmand, the food group controlled by private equity firm Abenex, has acquired Les Délices du Chef, a Breton producer of blinis, pancakes, crêpes and galettes. The deal brings the 50-employee company into the NG group (which includes Tartefrais), strengthens the group's presence in organic and export channels, and sees the sellers/management reinvest alongside Abenex and Arkéa Capital.

Fonds de solidarité FTQ and CDPQ Acquire 65% of Bonduelle Americas Long Life

June 30, 2022

Food & Beverage

Bonduelle has sold 65% of Bonduelle Americas Long Life (BALL) to institutional investors Fonds de solidarité FTQ and CDPQ, valuing BALL at an enterprise value of C$850 million. The deal—cleared by U.S. and Canadian regulators—allows Bonduelle to redeploy capital to focus on brands and sustainable growth while BALL continues processing and marketing canned and frozen vegetables to retail and foodservice customers in North America.

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.