Parcom looking to sell Bakkersland
Private Equity company Parcom Capital is looking to sell Netherlands-based Bakkersland for an undisclosed amount.
Interested parties include Dutch private equity firms NPM Capital, Bencis Capital Partners and Gilde Investment Mangement as well as UK private equity investors Lion Capital and Capvest, according to reports.
In 2008 Bakkersland sold three of its bakery shops and also had to close two of its outlets. Media says the market conditions in the bakery sector are difficult at the moment and there is no upturn in sight.
Bakkersland was founded in 1999 and is a producer and supplier of pastries. The bakery employs 2,200 people and sells its products in 17 shops. In 2009, the company had a turnover of €450m.
The unquote" team is currently researching this transaction. In-depth deal information for subscribers will follow shortly.
If you have any information regarding this transaction, please contact Diana Petrowicz on +44 20 7004 7505 or diana.petrowicz@incisivemedia.com
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