Cobalt acquires Barat Group
Cobalt Capital has acquired French commercial labels producer Barat Group from the Letellier family for an undisclosed amount.
The founding family will retain a 25% stake in the business, while management will hold 21% of the capital. CIC and Banque Populaire Atlantique co-arranged senior debt to finance the acquisition.
Cobalt Capital intends to reinforce the group's commitment to the wine market and aims to actively pursue the strategy of acquisition led by the founding family.
Barat, based near Bordeaux, is a producer of commercial labels for the wine and spirits industry in France. The group of five companies, built through external growth, has annual revenues of €25m.
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 Grégoire Gille on +44 20 7484 9824 or gregoire.gille@incisivemedia.com
Latest News
Stonehage Fleming raises USD 130m for largest fund to date, eyes 2024 programme
Sponsor acquired the public software group in July 2017 via the same-year vintage Partners Group Global Value 2017
Stonehage Fleming raises USD 130m for largest fund to date, eyes 2024 programme
Czech Republic-headquartered family office is targeting DACH and CEE region deals
Stonehage Fleming raises USD 130m for largest fund to date, eyes 2024 programme
Ex-Rocket Internet leader Bettina Curtze joins Swiss VC firm as partner and CFO
Stonehage Fleming raises USD 130m for largest fund to date, eyes 2024 programme
Estonia-registered VC could bolster LP base with fresh capital from funds-of-funds or pension funds








