March 11, 2008
CPC Europe Fund III Announces Hiestand Group Acquisition
Carson Private Capital Europe Fund III, LP has announced its participation in the acquisition of a 32% equity stake, representing €190 million of equity, in The Hiestand Group by Lion Capital in a transaction valued at €698 million. This transaction represents the fifth platform investment for Carson Private Capital Europe Fund III.
Hiestand is a leading international manufacturer and distributor of deep-frozen and convenience bakery goods with production sites and sales organizations primarily in Switzerland (20% market share) and Germany (8% market share), as well as Poland, Malaysia, Austria and a sales organization in Japan. Over the last 10 years, the Company's sales have increased fivefold.
Hiestand is well positioned as the only bakery player focused exclusively on the fast growing part-baked category in Europe, which caters to the prevailing trend towards the convenience, economic, health and freshness characteristics of the products.
Hiestand's bakery goods include croissants, bread, rolls, pastries, snacks and pretzels, which are sold through gourmet restaurants, food outlets, hotels, retail food stores, catering companies and convenience stores.
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October 31, 2008
Carson Private Capital Closes CPC Foodvest SBS, LP
September 29, 2008
CPC Fund V and CPC Regency SBS Announce Regency Energy Partners Secondary Offering
September 24, 2008
CPC Europe Fund III Announces Foodvest Group Acquisition
August 20, 2008
CPC Europe Fund III Announces Mora Acquisition
July 1, 2008
Carson Private Capital Closes CPC Brazos Energy, LP
May 22, 2008
CPC Europe Fund II Announces Russian Alcohol Group Acquisition
May 20, 2008
Carson Private Capital Closes CPC 2008 Co-investment Pool, LP
April 24, 2008
CPC Fund VI Announces TriDimension Energy Acquisition
March 11, 2008
CPC Europe Fund III Announces Hiestand Group Acquisition
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