Eurazeo to exit CPK Group in €240m deal with Ferrara holding company

Eurazeo has entered exclusive discussions to sell its entire financial stake in CPK Group to a European holding company of US-based Ferrara Candy Company.

The proposed deal, expected to close in the fourth quarter of 2025, would generate approximately €240m for Eurazeo, including dividends already received.

The exit marks the fifth consecutive sale to a strategic buyer under Eurazeo’s Capital strategy and reinforces the firm’s track record in building European market leaders.

Founded in 2017 through the acquisition of 14 brands from Mondelez, and later combined with Lamy Lutti in 2018, CPK has grown into a major European confectionery and chocolate platform. Its portfolio includes iconic brands such as Carambar, Krema, Lutti, Michoko, Terry’s, Poulain, and 1848. CPK operates three production sites and a workshop in France and employs more than 900 staff.

Eurazeo highlighted the transaction as aligned with its long-term value creation strategy. “This potential sale confirms the validity of Eurazeo Capital’s mandate which aims to build leaders with a clear and strong strategic positioning in their market,” said Amandine Ayrem, Partner at Eurazeo Capital.

Marc Auclair, President of CPK, commented on the firm’s progress: “We are excited about the opportunity to build on our success with a company that values our roots and all that we have created.”

The completion of the deal remains subject to approval from competition authorities and the conclusion of the required information and consultation process with employee representatives.

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