A crisp vision driving expansion
Deal Flash
Oaklins' team in France has advised Apax Partners and Europe Snacks-Kolak, one of the largest European producers in the private label salted biscuit market, on the acquisition of Grupo Ibersnacks SL.
I am very pleased that Felix Eguía, the founder of Grupo Ibersnacks, and the management team are joining us. We share the same entrepreneurial dynamism, commitment to customers and values. We also have a common vision: the snacking market is undergoing a transformation and we want to contribute to this change. Consumers have moved from the habit of three traditional meals a day to an “on-the-move”, healthy and varied snacking culture.CHRISTOPHE FENART PRESIDENT & CEO, EUROPE SNACKS GROUP
We are delighted to have supported Europe Snacks-Kolak in this transaction, which represents an important geographic expansion as well as a portfolio diversification. Grupo Ibersnacks’ management will remain on board and will be instrumental in the group’s development.PHILIPPE HERMANT, SENIOR ADVISOR, FOOD & BEVERAGE SPECIALIST OAKLINS, FRANCE
Oaklins brings opportunities together from across the world
Oaklins' team in France advised Apax Partners and Europe Snacks- Kolak on this acquisition, suggesting several European targets and finally focusing on Grupo Ibersnacks due to market conditions in Spain as well as the company’s prospects.