Cerea Partners News

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  Cerea Partners announces a record closing for its Cerea Mezzanine IV fund
  

  Cerea Partners announces a record closing for its Cerea Mezzanine IV fund At €300 million, the Cerea Mezzanine IV fund exceeds its predecessor by 50%, confirming investor interest in the 4th vintage of Cerea Partners' mezzanine funds.Cerea Partners, a thematic investor driven by one ambition: "better nutrition, better production, better living", is proud to announce the closing of Cerea Mezzanine IV. The fund has reached a size of €300 million, a record raising for the strategy. This achievement underlines the attractiveness of [...]

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  Cerea Partners takes a majority stake in AB Process Ingénierie, a French company that designs and integrates custom robotic and automated solutions, alongside the CEO and founders
  

  Cerea Partners, a pioneering investor and partner for companies in the food & beverage industry, today announced its acquisition of a stake in the group composed of AB Process Ingénierie and Coaxial Technologie, alongside CEO Brian Boulanger, the group’s founders, Bpifrance and regional partners Sodero and Unexo. Former majority shareholder Trajan is using the opportunity to reinvest in the new deal. This marks the third investment by the Cerea Capital III Fund, which completed its initial closing in summer 2022. Founded in 2008 [...]

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  Cerea Partners presses ahead with its fast-paced development, raising 3 new funds and strengthening its teams
  

  Paris, 10 May 2023 – Cerea Partners, a pioneering investor and partner for companies in the food & beverage universe, has launched 3 new funds, raising almost €700 million and lifting its total assets under management to €1.3 billion.Cerea Partners is advancing along its trajectory of rapid expansion and has strengthened its teams by making 6 new hiring over the past 18 months.The management company is also sharpening its focus on the sustainable values of better nutrition, better production and better living through investments [...]

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  Cerea Partners enters exclusive negotiations with Seventure Partners to acquire majority stake in Polaris
  

  Cerea Partners, the investor-partner of the food & beverage universe companies, has entered into exclusive negotiations with a view to acquire a majority stake of Polaris alongside the Company’s management and current shareholders who are reinvesting significantly in the transaction (Seventure Partners, with its Health for Life Capital™ II fund, and Picama) as well as French regional investors. Since its inception in 1994, Polaris has become a major and recognized player in the field of the purification and concentration of oils [...]

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  ProNoïa, a major franchise partner of KFC in France, raises €85 million in financing to accelerate its development
  

  ContextPierre TRITZ, President of ProNoïa, is a successful entrepreneur who has been operating KFC restaurants under franchise since 2013.Headquartered in Pau (64), ProNoïa has, by the end of January 2023, 26 KFC restaurants in the South-West, in Ile-de-France and in the Centre-East region, a number that has been growing rapidly for the last 2 years, with the opening of about 15 restaurants since mid-2021.With the support of a motivated and experienced team, ProNoïa has demonstrated its expertise in developing franchised restaurants as well [...]

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  Cerea takes a majority stake in Groupe Ethique & Santé, a leading player in the medical and dietary treatment of the overweight
  

  Cerea Partners, the investor-partner of the food & beverage universe companies, announces today that it has acquired a majority stake in Groupe Ethique & Santé, alongside the founder and CEO Rémy Legrand and group’s employees. This first investment of the Cerea Capital III Fund amounts to € 13.5 million.Created in 2009 by Rémy Legrand, Groupe Ethique & Santé currently operates a network of franchised locations specialized in the overweight’s treatment pending MD prescription. The group has experienced a very strong growth since its [...]

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  Cerea Partners arranges the unitranche financing for the acquisition of Nutrimuscle Group
  

  On July 12, 2022, Cerea Partners arranged the unitranche financing for the acquisition of Nutrimuscle group by the fund Bluegem, its co-investors and the management.Founded in 1993, the Nutrimuscle group produces and distributes food supplements for sports nutrition and well-being, with a sales model that is almost exclusively direct to consumers through its own website.French pioneer of Direct-to-Consumer sports nutrition, the group has developed a complete range of sports nutrition products (proteins, amino acids, energy bars), health and [...]

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  Cerea acquires Chocmod, the leader in chocolate truffles
  

  On 23 November 2021, Cerea completed the acquisition of Chocmod, the world’s leading producer of chocolate truffles. Ghislain Lesaffre and Antoine Fortin, former majority shareholders, are reinvesting and supporting the handover of the managerial reins to Emmanuel Bois.Founded in 1948 in Roncq near Lille (France), Chocmod was taken over by Ghislain Lesaffre and Antoine Fortin in 2008. It has enjoyed very strong international growth since then, which notably led to the setting up of a production unit in 2011 in Saint Jean [...]

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  Cerea Mezzanine Funds support the family-owned Hafner group in financing its acquisition of Naturellement Gourmand
  

  Founded in 1929, the Hafner group is a well-known family business specializing in the fresh industrial pastry sector (cream pastries, pies, eclairs) and ready-to-stuff pastries such as pie crusts and puff pastries. Led since 2012 by Nicolas Sesmat, the group has pursued a strategy of modernisation of its industrial facilities and acquisitions, which has enabled it to become a major player in its markets with 3 production sites in the Loire, Savoie and Yvelines regions, as well as a small production plant in Canada.On July 28, 2021, Hafner [...]

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  Cerea Dette II takes part in the senior acquisition financing of Babcock Wanson
  

  On July 8, 2021, Cerea Dette II invested in the senior acquisition financing of Babcock Wanson, on the occasion of the group's takeover by Kartesia from FCDE. Founded in 1896, Babcock Wanson ("BW") is a European leader specializing in industrial heating equipment and solutions, designed in particular for the food & beverage sector which accounts for 40% of the group’s turnover. The group benefits from a unique European positioning thanks to (i) the design and manufacture of a complete range of boilers and burners designed for [...]

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  Cerea Dette II invests in Omni-Pac Group senior acquisition financing, the first « Green LBO » on the French market
  

  Founded in 1977 in Brittany, France, Omni-Pac Group (previously Cellulose de la Loire « CDL »), is a leading European producer of moulded fibre packaging and responsible solutions, targeting mainly the poultry (the Group’s historical activity), fruits and vegetables and medical markets, as well as new applications.CDL achieved strong growth in the past few years, completing in the process two major build-ups bearing attractive commercial and industrial synergy potential: Germany-based Omni-Pac, acquired in 2016, and UK-based Moulded Fibre [...]

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  Cerea Mezzanine II exits Megg Invest (Omni-Pac Group)
  

  The Cerea Mezzanine II Fund has fully exited Megg Invest on the occasion of the company's sale to Latour Capital.In 2014, Cerea Mezzanine II financed Motion Equity Partners' acquisition of Celluloses de La Loire (CDL) alongside the management team led by Renaud Malarre. Driven by its excellent knowledge of the company and close relationship with the management team, Cerea Mezzanine II provided a unitranche bridge solution enclosing guaranteed funds which enabled the buyer to secure exclusivity for the takeover of the group from Cerea Capital. [...]

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  Cerea Dette II co-arranges senior acquisition financing for Nutrisens group
  

  On the 28th of April 2021, Cerea Dette II co-arranged a senior acquisition financing for health nutrition provider Nutrisens, on the occasion of Sagard's takeover of the group.Nutrisens is a French and European leader in health nutrition, supplying medical establishments (hospitals, retirement homes, pharmacies) with a wide range of nutritional products dedicated to the needs of elderly and/or vulnerable individuals suffering from dysphagia (swallowing disorders) or undernourishment.The group meets its clients' requirements through two [...]

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  Cerea Mezzanine IV first closing exceeds previous fund size and reaches over 85% target size
  

  Cerea Partners completed the first closing of its 4th Mezzanine fund at the end of April. The Fund has reached more than 85% of its target size, with an investment capacity of approximately €215 million exceeding the size of the 3rd fund.Cerea relied on the loyalty of its historical LPs, but also on the trust of new French and European investors. This round is mainly made up of institutional investors (banks, insurance companies...) but also includes a number of family offices.This successful fundraising confirms strong investor confidence [...]

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  Icko Apiculture group speeds up its development
  

  Owned by Cerea, Pierre Ickowicz and the management team since the end of 2018, Icko Apiculture concludes its 3rd acquisition in 2 years in order to expand its footprint across France.Icko Apiculture is the European leader in the distribution of beekeeping Equipment and consumables. Created in 1947, Icko is committed to supporting beekeepers and to protecting bees.The Group distributes the widest range of products available in its market, with more than 4,500 references, and is expecting to achieve a turnover of €40 million in 2021.With the [...]

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  Cerea Partners provides financing for the buyout of Plantex Group
  

  By supporting Mérieux Equity Partners in the buyout of Plantex Group, Cerea Partners demonstrates once again the breadth of its sector focus and its commitment to the health / functional food segment.On 18th December 2020, the Cerea Mezzanine III fund arranged a mezzanine debt to finance the acquisition of Plantex Group by Mérieux Equity Partners alongside long-time shareholders.Established in 1990, Plantex specializes in the production of natural plant extracts dedicated to the nutraceutical (food supplement), [...]

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  Cerise & Potiron brings in Cerea Partners as a new equity partner
  

  On July 30th, 2020, Cerea Partners, acting through its Cerea Mezzanine III fund, invested in a sponsorless transaction alongside Mr. Eric Chetail and his management team aimed at strengthening their control of Cerise & Potiron group and embarking on a new development phase for the company.An emblematic brand in Lyon and its surroundings, Cerise & Potiron group is a network of city-center grocery stores dedicated to fruits and vegetables. The stores are mainly located in the Rhône-Alpes region. Founded in 1985, the group first developed under [...]

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  Cerea supports the growth of Axium, the PET & R-PET plastic packaging solutions specialist
  

  On 25th June 2020, Cerea Partners, acting through its Cerea Capital II fund, acquired the family-owned Axium group, the PET (recyclable) & R-PET (recycled) plastic packaging solutions specialist, in a primary LBO transaction. The group CEO and his team have reinvested significantly, while Bpifrance acquired a minority stake in the company. Based in France, Axium mainly designs and manufactures plastic packaging solutions for the food, healthcare and beauty sectors. The group's products are divided between flasks, plugs, and [...]

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  Cerea acquires Pagès Group, the automation solutions' specialist
  

  On 28th May 2020, Cerea and the company's management finalised the acquisition of Pagès Group, the specialist for high performance automation systems. Innovafonds, the previous shareholder, significantly reinvested in this new operation.Since its inception in 1984, the group has developed a unique expertise, renowned globally, in robotic In-Mold Labeling (IML) systems, thus placing it as the global leader in this niche market.Under the initiative of Yannick Ains, the group's CEO, who succeeded Philippe Olichon in 2016, the group [...]

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  Cerea acquired by its team
  

  Cerea Partners has been acquired on 25th October 2019 by its management team. The firm was previously owned by Unigrains, its sole shareholder since its inception in 2004. Following this transaction, the team now owns 87.0% of the management company's share capital. Two historic Limited Partners of Cerea funds, MACSF and SMABTP, have lent their support to the team and now own, respectively, 8.7% and 4.3% of the management company. The transaction will not affect day-to-day business as its 26 employees will continue to channel Cerea [...]

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  Cerea Dette II makes two new investments in Spain
  

  Cerea Dette II makes two new investments in Spain, financially supporting the transfers of Palacios and Pastas Gallo groups. With these two new investments, the Cerea Dette II Fund totals 3 investments in the Spanish territory, in line with its international expansion. These two investments also form the 9th and 10th private debt investments of Cerea Partners since the beginning of the year. Cerea Dette II financially supports the Spanish fund MCH in the buyout of the Palacios group from Carlyle Founded in [...]

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  Cerea Capital II sells its majority share in Krampouz to SEB Group
  

  The transaction was finalised on 30th September 2019. Krampouz specialises in designing, manufacturing and marketing high-end ready to use catering appliances. Major specialist for professional crepe makers and waffle makers, the company is also a well-known player in the outdoor catering equipment sector (stainless steel plancha, etc.) Products are marketed to catering professionals at 55% gross revenue, the private and public sector at 45%, in France at 69% and export at 31%. Deeply rooted in Brittany, [...]