Nestlé has sold its Dutch pastry business Maitre Paul to investment funds Fortis Private Equity and Clearwood, the Swiss food behemoth confirmed today (17 December).

Go deeper with GlobalData

Go deeper with GlobalData

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


The two sides have agreed a deal for an undisclosed sum for the Tilburg-based business.


A spokesman for Nestlé described Maitre Paul as an “export business fro mainly European markets” and said it was no longer key to the company.


“The sale is consistent with our strategy to focus on strategic business areas,” the spokesman told just-food from Switzerland.


Officials at Fortis and Clearwood could not be reached for immediate comment.

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

Just Food Excellence Awards - Nominations Closed

Nominations are now closed for the Just Food Excellence Awards. A big thanks to all the organisations that entered – your response has been outstanding, showcasing exceptional innovation, leadership, and impact.

Excellence in Action
Winning five categories in the 2025 Just Food Excellence Awards, Centric Software is setting the pace for digital transformation in food and FMCG. Explore how its integrated PLM and PXM suite delivers faster launches, smarter compliance and data-driven growth for complex, multi-channel product portfolios.

Discover the Impact