PAI Partners, investor Charles Jobson and Netherlands-based food company Wessanen have agreed on the recommended all-cash offer of €11.50 per share for all shares of Wessanen, which values 100% of the company's shares at approximately €885m.
Management team retains a minority stake in electrical engineering company Cesa-cap
Creamy Creation will retain its management team but Wagram will bring in a managing director
Company plans to consolidate its market position, and further expand internationally
New recruit will take on the role of investment and portfolio director at the growth capital firm