- Biscuit International announces the proposed acquisition of Continental Bakeries.
- Biscuit International (the “Group”) has reached an agreement to acquire Continental Bakeries from its current shareholders
- Continental Bakeries joining the Biscuit International family represents a transformational and strategic acquisition that will bring together complementary product portfolios and geographical footprints and strengthen Biscuit International’s position as a leader of the European private label biscuit market
- Completion of the transaction is anticipated during the first half of 2022, subject to customary antitrust and works council approvals
Paris, 22 October 2021 – Platinum Equity portfolio company, Biscuit International, one of the leading European manufacturers of private label biscuits, has reached an agreement to acquire Continental Bakeries from its majority shareholders, Goldman Sachs Asset Management (“Goldman Sachs”)… more information