Skip to main content
Back to Investments

Mademoiselle Desserts

Employees
1,900
Countries
3
Number of Bakeries
12
Status
Current
Country
France
Sector
Consumer
Entry
Jul-18
Fund
IK VIII

Leading European manufacturer of frozen pastry

Mademoiselle Desserts has grown to become the leading European manufacturer of premium frozen pastry. Through its manufacturing sites in France, the UK and the Netherlands as well as highly experienced teams, the Group works closely with its customers to develop bespoke desserts to the highest food standards.

IK Partners acquired the investment from Equistone in July 2018.

What Attracted Us to the Business

  • Leading frozen bakery player with a strong consolidated position in growing markets across UK and France
  • Experiencing significant growth due to its wide product range and excellent quality as well as service
  • Long-term relationships with its diversified customer base
  • 40-person strong research and development team focused on innovation and growth

Our Value Creation Strategy

We are working alongside management to:

  • Strengthen market leadership in core markets via organic growth and buy-and-build acquisitions;
  • Develop new products or segments and focus on implementation of synergies; and
  • Increase global presence via an active mergers and acquisition strategy across Europe and the US.

Responsibility Highlights

The Group is committed to comply with the United Nations Global Compact and communicates annually in a transparent way to update all stakeholders on the steps taken. Through its Clean M program, the Group aims at pushing clean and transparent recipes prepared with responsibly sourced ingredients.

“IK’s unrivalled experience investing in European food businesses makes them an ideal partner. With their support, Mademoiselle Desserts will be well-positioned to capture market share and continue its active build-up strategy, for which we were actively backed by Equistone over these last years.”

– Didier Boudy, Chief Executive Officer

Investment Team

Rémi Buttiaux

Managing Partner, Business Services Sector Lead
Paris

Diki Korniloff

Director
Paris