INEOBIO acquired by ECOTONE

Groupe Bel entered into exclusive negotiations to acquire a majority stake in MOM Group from the private equity firm LBO France. The current management team will remain in place and retain a minority shareholding, ensuring a degree of operational autonomy for MOM within the larger Bel group. This transaction concludes a secondary LBO initiated in 2010. LBO France had previously received interest from other financial sponsors and industrial players but chose to hold the asset longer to maximize the value created by its US expansion

Danone has entered into a definitive merger agreement to acquire The WhiteWave Foods Company in an all-cash transaction. Under the terms of the agreement, Danone will acquire all outstanding shares of WhiteWave for $56.25 per share. The transaction is fully funded through debt, with Danone confident in maintaining its strong investment-grade credit rating. This strategic combination doubles the size of Danone's US business and positions the company as the global leader in organic foods and fresh dairy products

Danone has acquired a 40% stake in Michel & Augustin through its Danone Manifesto Ventures arm, as part of a structured transaction that enables a gradual increase in the French group's capital. This deal was completed through the purchase of shares from the founders and the Artemis holding company, owned by the Pinault family. The transaction is part of a strategic partnership aimed at supporting Michel & Augustin's growth, with a focus on international development, particularly in the United States, a key market identified by the brand

Hana Group, backed by its institutional financial sponsor TA Associates, has completed the strategic cross-border acquisition of Peace Dining Corp from its founder, Josh Onishi. Peace Dining Corp operates as a pioneer in the North American and British grocery retail concession markets, managing an extensive network of roughly 200 Asian culinary kiosks across high-end grocery chains, notably Whole Foods Market, under the Genji, Mai, and Wok Street Kitchen brands, alongside a dedicated B2B catering division

The friendly cash tender offer initiated by Gruppo Campari to acquire Société des Produits Marnier-Lapostolle represents a strategic transition from an expiring multi-partner distribution framework into a unified, corporate-owned distribution model designed to unlock immediate commercial synergies. The transaction structure includes the immediate buyout of a 17.19% controlling stake from the founding family descendants, coupled with a shareholders' agreement governing put-and-call options for the remaining 29% family equity block exercisable starting in 2021, alongside a public tender offer aimed at achieving a full squeeze-out and subsequent delisting from Euronext Paris

Refresco acquired 100% of DIS. This transaction was highly strategic as it focused on "Canning"—a packaging format experiencing double-digit growth driven by the surge in energy drinks and craft sodas. The deal allowed Refresco to add approximately 800 million cans to its annual production capacity and secure a state-of-the-art facility in a prime logistical location.

Corpfin Capital acquired a controlling 60% stake in Euro Gamma through a newly formed holding company. The transaction was structured to ensure continuity, with the historical shareholders and the management team reinvesting their proceeds to retain a substantial 40% minority stake in the new structure. This partnership aims to support a new phase of growth focused on commercial expansion and maximizing the output of the recently built Spanish factory.

IK Investment Partners has agreed to acquire Salad Signature from AAC Capital. The company generated revenue of EUR176 million in 2015. This Secondary LBO facilitates the exit of AAC Capital, which had built the group through the merger of Johma and Hamal. IK's strategy is to support the management team in expanding beyond the core Benelux market into France, Scandinavia, the UK, and Germany, both organically and through add-on acquisitions.

Ardian has entered into exclusive negotiations to acquire a majority stake in Solina Group from IK Investment Partners. This transaction marks the fifth Leveraged Buyout (LBO) in the company's history, highlighting its consistent cash flow generation and attractiveness to financial sponsors. Under the proposed structure, the management team will reinvest to retain approximately 15% of the capital (down from 27%). The acquisition is driven by a 4-5 year strategic plan focused on international expansion, specifically targeting new production facilities in Turkey and Russia to localize manufacturing and bypass geopolitical trade barriers

Ardian, a pan-European private equity firm, acquired a majority controlling stake in Irca, a prominent family-owned Italian manufacturer of bakery and pastry ingredients. The transaction was executed through Ardian's Mid Cap Buyout fund, Axa Lbo Fund V. The deal structure also involved the acquisition and subsequent merger of two smaller entities controlled by the founding Nobili family, Italcima srl and D&D Service srl, to create a consolidated group. The Nobili family, who founded the company in 1919, opted to divest the majority of their holdings, with Roberto Nobili, a son of the patriarch, retaining a minority interest to ensure continuity and participate in the company's future growth