I.D.C. HOLDING acquired by VALEO FOODS GROUP

Andros has signed an agreement to acquire 100% of Delafruit from the Spanish private equity firm ProA Capital. This strategic acquisition expands Andros' industrial footprint in Spain, adding a specialized facility in Tarragona to its existing plants in Cantabria and Granada. Under ProA Capital's ownership, Delafruit was spun off from Go Fruselva and diversified its portfolio beyond baby food into sports nutrition and adult snacking.

Groupe SAVEL has opened its capital for the first time to a consortium composed of UNEXO and Unigrains. This minority investment allows the company's President, Marc Léon, to strengthen his position while the family shareholders retain a broad majority. The transaction was supported by a pool of regional banks led by Crédit Agricole du Finistère. The strategic rationale for the partnership is to accelerate the group's development through both organic and inorganic growth. Key focus areas include consolidating its leadership in niche poultry species, diversifying into processed food products, and optimizing logistics. The influx of capital will also support further acquisitions to complement the group’s product range and gain access to new client segments in the catering and retail sectors.

One Rock Capital Partners signed an agreement to acquire a majority stake in Europe Snacks from Seven2 (formerly Apax Partners), which had held the company since 2013. This exit concludes a decade of transformation under Seven2, during which revenue grew from EUR90 million to EUR700 million through three major build-ups. The financing is secured by a banking pool led by Barclays and Goldman Sachs.

AS Equity Partners has entered into a binding agreement to acquire Hochdorf Swiss Nutrition (HSN), the core manufacturing subsidiary of the Hochdorf Group. The strategic rationale for the transaction is to preserve HSN’s operational business and its role in the Swiss dairy industry while separating it from the "legacy financial burdens" of its parent holding company, which has entered a debt restructuring moratorium. This carve-out allows HSN to continue its operational turnaround, which achieved positive EBITDA in 2023 for the first time in years, without being constrained by the over-indebtedness of Hochdorf Holding. AS Equity Partners intends to expand the infant nutrition business internationally, leveraging the brand's Swiss quality standards. The existing management team will remain in place to lead the company’s 129-year tradition into a new phase of sustainable profitability and international market penetration.

The acquisition of Vitamin Well by Cinven is a strategic move to capitalize on the growing demand for healthier and more active lifestyles. The deal is driven by the attractive characteristics of the health, wellbeing, and fitness sector, which is underpinned by a structural shift away from less healthy snacks and drinks. Vitamin Well's well-established position in the market, its portfolio of high-quality brands, and its track record of profitable organic growth make it an attractive investment opportunity for Cinven. The firm's experience in investing in the Consumer sector and its knowledge of the Nordic region will be leveraged to support Vitamin Well's management team in delivering their ambitious targets. The deal is expected to drive growth and expansion for Vitamin Well, both in its existing markets and through international expansion. The partnership between Cinven, Bridgepoint, and Vitamin Well's management team is expected to create a strong platform for the company's future success, with a focus on driving innovation, improving operational efficiency, and increasing profitability.

The IDAK Food Group is undergoing a change of ownership, with TowerBrook Capital Partners replacing Invision and Nord Holding as the new majority shareholder. The investment aims to strengthen IDAK's rapidly growing capital base, supporting the company's growth plans and further acquisitions in Europe. The well-established management team around IDAK Food Group CEO Christof Lehmann will retain a broad-based minority stake in the company, ensuring continuity in management and maintaining the company's corporate principles. The deal is subject to regulatory approval and is expected to support IDAK's expansion in the European market, with a focus on establishing the company as the leading pan-European premium frozen food group. The partnership between IDAK and TowerBrook is expected to drive growth and value creation, with TowerBrook's expertise and international business excellence providing a strong foundation for IDAK's next phase of development.

The acquisition of Panificadora Popular represents the fifth strategic transaction strengthening the rapidly expanding food platform of Grupo Mayrit Inversiones Alimentarias (MIA Food). This deal is driven by a “category completion” strategy, combining Panificadora Popular’s recognized technical expertise in pre-cooked and specialty breads with MIA Food’s established capabilities in national distribution and pastry infrastructure. This combination enables MIA Food to equip itself with the technical know-how and industrial capabilities required to effectively meet the growing demand for “ready-to-finish” bakery products within the HORECA (Hotel, Restaurant, Café) segment. The integration of Panificadora Popular’s specialized production lines, located in Getafe, marks a key milestone in MIA Food’s ambition to become a leading, full-spectrum bakery supplier. The transaction also strengthens the group’s financial profile by incorporating a profitable, century-old company that generates immediate logistical synergies within the Madrid metropolitan area. While maintaining its operational autonomy, Panificadora Popular will benefit from MIA Food’s group-wide strengths, particularly in centralized procurement and international expansion capabilities, building on the foundation established through previous acquisitions.

Ausnutria Dairy has finalized the acquisition of the remaining 50% stake of Amalthea, an operation designed to fundamentally reinforce its control over the global goat dairy supply chain. The strategic rationale for this transaction centers on a "vertical-securing" play, merging the target's industry-leading technical operational depth in microfiltration with the group’s dominant global distribution network for infant formula. This structural alignment provides the organization with the scientific talent and technological hardware required to optimize the production of high-value goat whey, a mission-critical ingredient that was previously subject to joint-venture supply dynamics. This operation allows the group to execute a definitive structural expansion into the specialty cheese market while simultaneously lowering the cost-basis for its formula business.

IK Partners (holding 86% of the capital) has agreed to sell Mademoiselle Desserts to the Swiss industrial group Emmi. This transaction marks a remarkable exit for IK, which had acquired the company for EUR330 million in 2018. For Emmi, the goal is strategic: increasing the share of "Desserts" in its total revenue from 9% to 17%. The CEO of the target will take over the leadership of the new combined "Desserts Powerhouse" division within Emmi.

Newlat Food S.p.A. (now NewPrinces) has successfully finalized the acquisition of 100% of the share capital of Princes Limited from Mitsubishi Corporation. This transformative transaction fulfills Newlat's 20-year vision to evolve from a family-owned business into a major multinational player. The integration creates a new European food industry champion—renamed "New Princes Group"—with a combined workforce of approximately 8,800 employees and a diversified portfolio covering ten distinct product categories. Following the closing, a new Board of Directors was appointed to lead the combined entity, with ambitious strategic targets set for 2030, including significant expansion in revenue, profitability, and free cash flow generation.