Kerry Group has sold Aptunion to Verdoso Investments

by / Thursday, 05 September 2013 / Published in Transaction Details

Client: Kerry Group

Client Location: Ireland

Buyer: Verdoso Investments

Buyer Location: France

Target: Aptunion

Target Location: France

Deal: Aptunion

Sector: Food & Beverage

Year: 2012

Type: Sell Side

Owner: Privately Held

Details: Lincoln International advised Kerry Group plc in the sale of Aptunion, leading Provence-based producer of candied fruits and fruit-based products, to the French industrial holding company Verdoso Investments. Created in 1962 and established in Vaucluse, Aptunion sells its products to the frood industry, large retail and food service channels. The company employs about 200 persons and generated €35 m of sales in 2011. Verdoso Investments intends to invest in the modernization and commercial development of Aptunion to capitalize on its high quality reputation and international reach.

Countries: Ireland, France