(IN BRIEF) CVC Capital Partners has agreed to acquire Irca from Advent through its CVC Capital Partners IX fund. Irca is an Italy-headquartered global supplier of ingredient solutions and semi-finished products for pastry, bakery, chocolate and ice cream applications. The … Read the full press release →
Posted in Business, Financial, Food & Beverage, Industrial, Italy, Luxembourg
Tagged 000 products, 19 facilities, 7, add-on acquisitions, Advent, artisanal food sector, bakery ingredients, chocolate ingredients, CVC Agreement Supports Irca Growth in Food Manufacturing, CVC Capital Partners, CVC Capital Partners IX, CVC Capital Partners IX Agrees Acquisition of Italian Food Ingredients Platform Irca, EMEA, food ingredients, food manufacturing, Foodservice, Foodservice and Artisanal Markets, Francesco Casiraghi, Gelato, Giampiero Mazza, global food platform, ice cream ingredients, ingredient solutions, international expansion, Irca, Irca Plans Further International Expansion Under Proposed CVC Ownership, Italy, Manufacturing, Massimiliano Mascolo, Massimo Garavaglia, mergers and acquisitions, pastry ingredients, private equity, semi-finished products, supply chain
PARIS, 04-Oct-2018 — /EuropaWire/ — Sanofi has completed the previously announced divestment of its European generics business Zentiva to Advent International (Advent) effective September 30. The transaction was finalized ahead of schedule for €1,9 billion (enterprise value). Sanofi announced the beginning … Read the full press release →
Posted in Business, France, Pharma & Biotech
Tagged Advent, divestment, generics, Sanofi, Zentiva
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