Montagu Private Equity erwirbt St Hubert von Dairy Crest Group
Montagu Private Equity („Montagu“), a leading pan-European Private Equity investor, announces its proposed acquisition of St Hubert alongside its management team from Dairy Crest Group plc, for a consideration of €430m in cash. St Hubert is a leading producer of standard, low fat and innovative spreads in France and Italy.
Founded over 100 years ago, St Hubert is one of the leaders in the spreads market. It achieved over €130m sales and produced circa 35,000t of standard, low fat and innovative spreads in the year ended March 2012. Headquartered near Paris, St Hubert has its original production site near Nancy (Lorraine) and derives a material part of its sales from its Italian affiliate. St Hubert employs over 200 people and markets such brands as St Hubert and Le Fleurier in France, and Valle‘ in Italy. St Hubert has a clear focus on innovation, which resulted in the launch over the past ten years of highly successful products such as St Hubert Oméga 3, St Hubert Bio and 5 Céréales… vollständiger Artikel