The Swiss-Irish group continues to simplify its business model with the sale of its Brazilian operations to Grupo Bimbo SAB de CV. Its aim to rebuild as a bakery leader in Europe and Asia has also been given a boost with a new €500m revolving credit facility.
Brynwood Partners – which currently manages more than $1 billion of private equity capital for its limited partners – has added De Wafelbakkers to its growing portfolio of North American lower middle market companies.
The Hain Celestial Group has offloaded its Arrowhead Mills and SunSpire brands to Hometown Food Company for $15m as it continues to simplify its brand portfolio.