NEWS
-
10/12/2019 - Cerea Private Debt financially supports the buyout of Maison Routin
On November 20th, Cerea Private Debt, with the Cerea Mezzanine III Fund, arranged and underwrote the mezzanine debt to finance the buyout of Maison Routin by Apax Partners Development.Read more
Building on century-old expertise in the production of flavouring syrups and beverages from its location in the French Alps, and on the work of its team of 160 employees, Maison Routin has recently undergone a transformation driven by its emblematic "1883" brand, supplied to businesses and found in coffeehouses, bars and restaurants in more than 80 countries. It generates approximately €60m in revenue, of which 40% from international markets.
Maison Routin will also continue to operate as a well-known player in the French and ... -
06/11/2019 - 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 funds through new investments and on-going coverage of the 44 companies currently under portfolio.Read more
The transaction is fully endorsed by the Cerea team and has been welcomed by the Limited P ... -
24/10/2019 - 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.Read more
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 1960, the Palacios group produces ready-made meals and fresh, convenient food and frozen Spanish specialities. Spanish leader in the omelette, chorizo, pizza a ... -
10/10/2019 - Cerea Private Debt arranges a mezzanine financing for the acquisition of Groupe Frio
Cerea Private Debt arranges a mezzanine financing for the acquisition of Groupe Frio by Azulis Capital and its management teamRead more
Established in 1993, Groupe Frio is a provider of refrigeration equipment, with market leading positions in France and across Europe in wine cellars, its historical business, with such established brands as La Sommelière, Climadiff and Avintage.In addition to this category, the company supplies domestic and professional refrigeration equipment through its Frigelux and Interfroid Services brands. Based near Le Mans, France, Groupe Frio is active in 60 countries, with 30% of its revenues generated outside of France.
Building on its strong presence in all key distribution channels (supermarket ... -
02/10/2019 - Cerea Capital II sells its majority share in Krampouz to SEB Group
The transaction was finalised on 30th September 2019.Read more
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, Krampouz is labelled Entreprise du Patrimoine Vivant ("A Living Heritage Company") and member of the Produit en Bretagne ("Made in Britany") Association.
Created in 1949 by the ... -
26/07/2019 - Cerea Partners to be acquired by its Management team
Unigrains gives priority to the project of Cerea Partners"s Management TeamRead more
Paris, July 26th, 2019 - Unigrains, the agri-food and agro-industry specialized investor, has signed an agreement with the Management of Cerea Partners, associated with institutional investors, for the sale of its third-party management subsidiary.
The agreement covers 100% of Cerea Partners shares and its three activities: Buyout, Mezzanine, and Senior Debt.In the context of this project, the Cerea Partners Management Team would become the majority shareholder of the company, alongside French institutional investors, who are longstanding investors in its Funds. The new capital structure would enable Cerea Partners to:consol ... -
16/06/2019 - 12ème investissement de Cerea Dette II : Financement de la reprise du Groupe Codorniu par le Fonds Carlyle
12ème investissement de Cerea Dette II : Financement de la reprise du Groupe Codorniu par le Fonds Carlyle.Read more
Le Fonds Cerea Dette II a participé au financement de l'acquisition par Carlyle du groupe espagnol Codorníu aux côtés de la famille fondatrice. Les fonds Cerea Dette réalisent ainsi leur deuxième investissement en Espagne. Fondé en 1551 par la famille Raventos et plus ancienne société privée d'Espagne, le groupe Codorníu est un des leaders de la production de Cava (vin pétillant) et de vins sur lesquels il détient des parts de marché importantes.
Présent en Espagne et à l'international, Codorníu produit et distribue une dizaine de marques réputées et positionnées sur les segmen ... -
16/04/2019 - Cerea Dette II arrange un refinancement de 10 M€ pour la Compagnie des Desserts
Cerea Dette II a arrangé un financement de 10 M€ destiné au refinancement d'obligations convertibles existantes.Créée à Lézignan-Corbières (Aude) dans les années 80, La Compagnie des Desserts (« CDD ») est spécialisée dans la production et la distribution de glaces artisanales et de pâtisseries surgelées à destination des restaurants indépendants et des chaînes de restauration et d'hôtellerie, avec un modèle hybride unique en France associant les activités de fabricant et de distributeur.Le Groupe est par ailleurs l'un des rares acteurs du secteur à disposer d'une empreinte européenne significative, réalisant 45 % de son chiffre d'affaires à l'international, avec un développement réussi en Esp ...Read more -
29/03/2019 - Cerea Partners commits to the fight against climate change and joins the Climate Initiative 2020
Cerea Partners, the Investor-Partner of Agrobusiness companies, has committed to the fight against climate change by becoming a signatory of the Climate Initiative 2020. This initiative is the fight collective commitment of the French private equity industry in favor of responsible and transparent management of greenhouse gas emissions of portfolio companies.Read more
By joining this initiative, Cerea Partners is teaming up with its private equity peers in a long-term commitment to reduce greenhouse gas emissions of the companies it invests in.
With Agrobusiness at the center of its investment activity, Cerea Partners has always been attentive and vigilant to the environmental impact of the companies it sup ... -
27/03/2019 - Cerea Dette II accompagne la reprise du Groupe Italcanditi par Invest Industrial
Le fonds Cerea Dette II a réalisé son 9ème investissement en participant au financement de l'acquisition par Investindustrial du groupe Italcanditi, dans le cadre de la mise en place d'une nouvelle dette senior. Cerea Dette réalise ainsi son deuxième investissement en Italie.Read more
Fondé en 1963 par Angelo Goffi, le groupe familial italien Italcanditi est un transformateur d'ingrédients et fabricant de préparations à base de fruits confits, confitures, crèmes et marrons glacés à destination des industriels de l'agroalimentaire (boulangerie-viennoiserie-pâtisserie et industrie laitière). Le Groupe est leader sur ses principaux marchés en Italie (N°1 sur les fruits confits, confitures et marrons glacés et N°3 sur ... -
14/02/2019 - Cerea Partners finance la reprise de Maison Pradier et Roberta par La Croissanterie
Le Fonds Cerea Mezzanine III a arrangé le financement mezzanine mis en place dans le cadre du rapprochement entre Le Goût du Naturel (LGN), holding de La Croissanterie, et le groupe Rush, propriétaire des enseignes de restauration Maison Pradier et Roberta.Read more
Fondée en 1859, Maison Pradier est une enseigne de restauration rapide (assise et à emporter) haut de gamme, historiquement spécialisée dans les pâtisseries. Depuis sa reprise par M. David Lascar en 2011, l'enseigne a connu un développement rapide (18 restaurants à date à Paris et sa périphérie) basé sur une offre premium répondant à l'ensemble des moments de consommation et une image moderne et attractive. En 2014, Rush a fait l'acquisition de Ro ... -
02/01/2019 - Icko Apiculture, the european leader in apicultural supplies and equipment, accelerates its development with Cerea Partenaire
The family business founded in 1947 and led by Pierre Ickowicz, grandson of its founder, opens its capital to Cerea Capital IIRead more
Based in Bollène (Vaucluse, France), Icko Apiculture is a family business specialized in the design, sourcing, manufacturing and marketing of beekeeping supplies and equipment for BtoB (resellers, professional beekeepers, gardening stores) and BtoC (amateur beekeepers) clients.
Icko Apiculture's broad and diversified offer covers all the needs of a beekeeper: beeswax, nutrition products, beehives, tools and equipment, packaging, etc... More than half of Icko Apiculture's sales are from its proprietary brands including COMBIZ (clothing), RUCHECO (hives), CANDIMIEL (nourishment) or ICK ...