Europastry - Food Sector
Transaction Type: LBO
Year of Investment: 2001
This family-owned company active in the food industry, based in Barcelona, is the leader in production and distribution of frozen dough and pastry products for professional bakers and confectioners sectors, hotels and catering and for retail chains. The company has 2 main brands (Fripan and Frida) and operates 6 factories and 2 marketing networks.
Alia saw strong cash flows, solid EBITDA, research and development and the opportunity to consolidate through acquisitions (demonstrated with the subsequent acquisition of its main competitor Frida in 2002), with the support of the strong brand recognition and strategic locations for distribution.