OC&C advises Platinum Equity & Biscuit International on proposed acquisition of Continental BakeriesWednesday, November 3, 2021 | News
We are pleased to congratulate Platinum Equity and Biscuit International on the proposed acquisition of Continental Bakeries from its majority shareholders Goldman Sachs Asset Management. Continental Bakeries will join the Biscuit International family as part of a strategic transaction 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.
Continental Bakeries is a leading European manufacturer of private label sweet biscuits, bread replacements and toast, operating 13 production facilities across the Netherlands, Belgium, Germany, Poland and Sweden. The new strategic partnership will create a more resilient, flexible and innovative group, enhanced by deepened relationships with the major European retailers. Biscuit International will be well placed to continue to invest in innovation and to remain at the forefront of organic, low-sugar and eco-friendly products. The proposed acquisition of Continental Bakeries is a key milestone in Biscuit International’s roadmap.
OC&C is a leading strategy consultancy in the food and beverage market, working with both major global corporations and local champions. We have advised investors on some of the largest transactions worldwide in recent years.