The Caribbean’s Groupe Antilles Glaces has actually ended up being a bulk investor of France-based desserts and savoury-snacks organization Groupe Saint Aubin.
Antilles Glaces, which produces dairy items, sodas, beer, jams and fresh fruit and vegetables in the French West Indies and Guyana, bought the group from European personal financial investment company Capza.
Monetary information were not divulged.
Groupe Saint Aubin, based in Paray-le-Monial in main France, produces desserts, mouth-watering treats and ready-made items. It provides grocery store chains, pastry shop chains and suppliers serving the catering market.
The business has 119 staff members with 3 production websites in the Saône-et-Loire area. It exists in France and abroad with its 3 brand names: Les Délices de Janice, Chapuis Traiteur Surgelé and Chapuis Traiteur Frais.
Capza, which got Groupe Saint Aubin in 2019, has actually offered its whole stake.
Valérie Ladieu, handling director at Antilles Glaces, stated: “We have actually discovered at Saint Aubin numerous worths typical to those of our group and we enjoy to be able to continue the work began and establish the activity in specific by executing the synergies that we have actually determined.
“The specialist and skilled management group will continue to support the development of Saint Aubin, which for us is a crucial element of this acquisition.”
The Caribbean business has 8 factories and 9 logistics platforms in Martinique, Guadeloupe, French Guiana and mainland France.
Emmanuel Bonnaud, handling partner at Capza, stated: “This operation concludes 4 years of thorough work where group spirit and the look for quality played an identifying function. We are pleased and honoured that a major partner in Antilles Glaces is taking control of as bulk investor of Saint Aubin and want them, along with the groups, the very best for their ongoing advancement.”
The relocation marks Antilles Glaces’ 2nd in mainland France after getting ice-cream maker Glaces de Lyon in 2018.
“Caribbean’s Groupe Antilles Glaces purchases France’s Groupe Saint Aubin” was initially produced and released by Simply Food, a GlobalData owned brand name.
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