PAI partners has acquired a stake in Labeyrie Fine Foods from LBO France, with the aim of becoming an equal shareholder in the business alongside French food cooperative Lur Berri.
The transaction is valued in the region of €500m, according to French daily Les Echos – equivalent to 8.2x EBITDA. Following the transaction, the capital structure of Labeyrie is expected to eventually...
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French homeware chain expanded through an aggressive marketing campaign, cost-cutting measures and by outsourcing production
Group renews both senior and mezzanine facilities, put in place with the original deal in 2012
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