FRANCE: Senoble in "exclusive negotiations" to buy La Charlotte
Buying into La Charlotte would mark Senoble's entry into the frozen desserts segment
French dairy group Senoble is in "exclusive negotiations" with investment firm Naye Invest to acquire its 60% stake in frozen desserts specialist La Charlotte.
The value of the proposed transaction has not been disclosed. La Charlotte's founder, Fabrice Lagagneur, would retain his 40% stake in the company and continue as its head.
La Charlotte posted a 2011 turnover of around EUR30m (US$38.8m). The firm exports to 17 countries, mainly in Europe but also the US, Canada and Japan.
Buying into La Charlotte would mark Senoble's entry into the frozen desserts, ice creams and cakes segment. It would also provide Senoble's fresh desserts
subsidiary "with high-quality expertise" in the frozen segment and "become a perfect platform for international development," the group said.
Senoble makes fresh desserts under its namesake brand and for brands under licence in France and abroad.
French dairy group Senoble has confirmed to just-food it is building a second production plant in Spain....
- On the move: What's in store from Tesco's new CEO?
- On the money: Can Premier build H2 sales momentum?
- Focus: Lindt plays safe with Russell Stover buy
- On the money: Steady as she goes at Cloetta
- Interview: Bell hits out at German cartel ruling
- UPDATE: Premier establishes international unit
- Campbell issues warning on 2014/15 fiscal year
- S&A Foods announces restructure, 55 jobs to go
- Universal Robina to buy biscuit firm Griffin's
- Premier launches Oxo pots range in UK