French fruit and cream ambient desserts and jams firm Materne-Mont Blanc has been put up for sale by shareholders, according to local reports.
Go deeper with GlobalData
Discover B2B Marketing That Performs
Combine business intelligence and editorial excellence to reach engaged professionals across 36 leading media platforms.
Materne-Mont Blanc’s owners, led by Activa Capital, have reportedly set a closing date of the end of this month for the first round of the bidding process.
When contacted by just-food, an official from Activa declined to comment on reports that claimed a pre-emptive bid from Sweden’s Industri Kapital had already been rejected as it did not constitute a firm offer and was not backed by bank financing.
Materne-Mont Blanc, whose other shareholders are ING Parcom and Aviva, is said to have last year attracted interest from PepsiCo but discussions fell short of a deal, the reports added.
US Tariffs are shifting - will you react or anticipate?
Don’t let policy changes catch you off guard. Stay proactive with real-time data and expert analysis.
By GlobalData
