Funds managed by CapVest Partners is to acquire Natra, a European producer and distributor of chocolates and cocoa products, from Investindustrial.
Established in 1943, Natra is a leader in the production of chocolate bars, pralines, tablets and spreads which it sells in more than 90 countries worldwide. Its ingredients division also supplies a wide range of cocoa-based ingredients such as cocoa mass, powder, butter, fillings and coatings to the international food industry.
With a turnover in excess of €410 million in 2021, 1,000 employees and six production plants in Spain, Belgium, France and Canada, Natra combines traditional high-quality European chocolate making with constant innovation to meet changing tastes and needs of consumers around the world.
Through its “Bean to Bar” programme it is highly committed to sustainable sourcing, procurement, production and growth.
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The transaction is subject to standard closing conditions and regulatory approvals.
Investindustrial is a leading European group of independently managed investment, holding and advisory companies with €11 billion of raised fund capital.
With ESG principles deeply embedded into the Firm’s core approach, Investindustrial has a 30-year history of providing mid-market companies capital, industrial expertise, operational focus and global platforms to accelerate sustainable value creation and international expansion.
CapVest is a leading international private equity investor that partners with ambitious companies supplying essential goods and services to transform their businesses.
As an active and patient investor, CapVest has established a strong record of success in delivering attractive returns by working closely with management in transforming the size and scale of its portfolio companies through a combination of organic and acquisition led growth.
Source: Yahoo Finance
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