Resource Partners and Ardian acquire Chojecki

The private equity firms stated the purchase is part of the growth strategy for the Delicpol Group. The aim is to expand both the company's product range and customer base in order to strengthen its position in the European confectionery market.

Resource Partners sourced and executed the deal, which was financed by both Resource and Ardian.

Delicpol's current CEO will become CEO of the merged companies.

Previous funding
Ardian and Resource Partners acquired Delicpol in June 2012. The two GPs entered a strategic partnership focusing on investments in Central and Eastern Europe in May 2010.

Company
Founded in 1979 by Maria and Janusz Chojecki, Chojecki manufactures biscuits and gingerbread. It sells its products in 40 countries and is headquartered in Skierniewice.

Founded in 1992, Delicpol manufactures biscuits, cookies, cakes and gingerbread. It markets its products under both its own brands and for supermarket own-branded products across Europe. It has around 700 employees.

People
Aleksander Kacprzyk is managing partner at Resource Partners and worked on the deal with Dominik Smykla and Przemysław Rączka. Dominique Gaillard is a member of Ardian's executive board. He worked on the deal alongside Frédéric Collard and Marton Hunek. Tomasz Grzybowski is the CEO of Delicpol.

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• Topics
• CEE
• Buyouts
• Consumer
• Poland
• Ardian (formerly Axa PE)
• Resource Partners Sp. z o.o.
• Unq2015Feb