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Continental
Bakeries

Status
Realised
Country
France
Netherlands
Strategy
Mid Cap
Sector
Consumer
Entry
Feb-99
Exit
Jul-06
Fund
IK 1997

Leading European bakery group

Continental Bakeries is a manufacturer and distributor of biscuit products in Europe. The group focuses on private label and branded niche products within the sweet, unsweetened and savoury biscuits markets.

The IK 1997 Fund completed acquisition from Hillsdown Holdings in February 1999. IK’s stake was subsequently sold to NPM Capital in July 2006.

Our Value Creation Strategy

During our ownership, we worked alongside the management team to:

  • Rationalise production to fewer, larger units;
  • Make strategic add-on acquisitions;
  • Broaden product offering in existing markets; and
  • Expand geographic distribution capabilities.