Biscuit International, a portfolio company of Qualium Investissement, has acquired Arluy S.L.U. Financial details have not been disclosed.
Biscuit International is one of Europe’s leading players in the private label sweet biscuit market. The company owns Groupe Poult in France, Banketgroep and Stroopwafel & Co in the Netherlands, A&W Feinbackwaren in Germany and NFF in the UK. Biscuit International produces 130,000 tons of biscuits and waffles in 14 factories in Europe and generated sales of US$455 million over the last year.
Founded in 1988 by Arturo and Javier San Juan, Arluy is a Spanish family-owned company that manufactures and distributes biscuits and chocolate products. Its brands include Arluy, Reglero, Río Zahor and Flora. The company has experienced strong growth in recent years with a turnover of approximately US$47 million in 2017. The company has invested US$23 million in its plant in the Rioja region over the past five years.
Oaklins' team in France advised the buyer in this transaction.
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