Avenir Entreprises acquires Laboratoires Elysée
Avenir Entreprises has backed the management buy-in of Laboratoires Elysée from the Guattari group. The deal value has not been disclosed but the company will trade under its original name Balarama following the buyout.
Based in Tours, Balarama produces a variety of cereal bars. In 2009, the company generated a turnover of €6.4m with a workforce of 33.
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 Greg Gille on +44 20 7484 9824 or gregoire.gille@incisivemedia.com
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