Vallis sells Imperial to trade
Vallis Capital Partners has sold Portuguese chocolate specialist Imperial to its Spanish peer Chocolates Valor.
The sale ends a six-year investment period for Vallis, which invested in the business via its Vallis Sustainable Investments I fund.
Under Vallis's ownership, the company increased its revenues and bolstered its international expansion.
With this acquisition, Chocolates Valor intends to consolidate the combined group's market position, boost its international expansion and further develop new product lines, including vegan, sugar-free and gluten-free chocolate.
Company
Founded in 1932, Imperial is a producer of chocolate, including bars, drops, chocolate-covered dried fruits and toffees.
The company markets its products under the brands Jubileu, Regina, Pantagruel and Pintarolas. It generates annual turnover of around €34m and exports its products to 45 countries worldwide.
People
Chocolates Valor – Pedro Lopez (CEO).
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