PÂTISSERIE MICHEL KREMER
Acquired by
MADEMOISELLE DESSERTS
PÂTISSERIE MICHEL KREMER acquired by MADEMOISELLE DESSERTS
Target
PÂTISSERIE MICHEL KREMER
Acquirer
MADEMOISELLE DESSERTS
Context
Just months after being acquired by IK Partners, Mademoiselle Desserts completed its first strategic add-on by acquiring Patisserie Michel Kremer. The deal adds EUR40 million in revenue to the group, strengthening its foothold in France. The acquisition was supported by a new financing package of EUR50 million provided by a banking pool (CIC) and mezzanine debt funds (Ardian, Cerea).
This transaction is part of the AgriFood industry, which currently tracks an average EBITDA multiple of 10.1x since the beginning of 2026, 9.8% decrease compared to 2025. This data is based on contribution from our growing community, composed of M&A and Private Equity professionals, and has been verified by our team to ensure its accuracy.
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Target
Based in Argenton-sur-Creuse (Indre), Michel Kremer is a renowned French Corporate bakery specializing in choux pastry ("chouquettes," profiteroles). At the time of the deal, the company operated a major production facility employing 250 people and generated approximately EUR40 million in annual revenue. It serves the B2B market, supplying frozen pastry products to retail and foodservice clients.
Ent. Value
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Equity Value
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Multiples Analysis
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EV / EBITDA
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EV / EBIT
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Historical Financials (EUR)
Other operations with PÂTISSERIE MICHEL KREMER
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