Equity fund LBO France is in exclusive negotiations to acquire French ambient desserts and jams firm Materne-Mont Blanc.

A source close to the negotiations told just-food today (7 October) that the talks were in progress over Materne-Mont Blanc, which private-equity firm Activa Capital put up for sale earlier this year.

Go deeper with GlobalData

Data Insights

The gold standard of business intelligence.

Find out more

Discover B2B Marketing That Performs

Combine business intelligence and editorial excellence to reach engaged professionals across 36 leading media platforms.

Find out more

LBO France has been designated as preferred bidder for the company, seeing off competition from French counterpart Eurazeo and the UK’s CapVest.

LBO France’s bid is reported to value Materne at over EUR190m (US$265.9m) but this was not confirmed by the source.

No-one was immediately available at Activa Capital.

Best-known in France for its Pom’Potes fruit purées pouches tailored to children, Materne is  planning to launch a version of the product for adults.

GlobalData Strategic Intelligence

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

LBO France’s portfolio includes France’s leading manufacturer of own-brand biscuits Biscuits Poult, which the fund has put on the market.

Just Food Excellence Awards - The Benefits of Entering

Gain the recognition you deserve! The Just Food Excellence Awards celebrate innovation, leadership, and impact. By entering, you showcase your achievements, elevate your industry profile, and position yourself among top leaders driving food industry advancements. Don’t miss your chance to stand out—submit your entry today!

Nominate Now