October 14, 2010
CPC Europe Funds III & IV Announce Picard Acquisition
Carson Private Capital Europe Fund III, LP, Carson Private Capital Europe Fund IV, LP and CPC 2008 Co-investment Pool, LP have announced their participation in the 100% acquisition of Picard by Lion Capital in a €1.5 billion preferred bidder transaction approved by European Union regulators that closed on October 14, 2010.
Picard is the undisputed leader and #1 retailer in the French frozen food category with 17% market share and a 50% share of the specialist frozen food retailer market.
Picard has achieved an impressive track record of 10% annualized growth over the last 20 years, and has proven more resilient than its competitors during the economic downturn of 2008 to present.
This transaction represents the eighth and final platform investment for CPC Europe Fund III, the first platform investment for CPC Europe Fund IV, and the seventh and final platform investment for CPC 2008 Co-investment Pool.
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November 5, 2010
CPC Europe Fund IV Announces Agreement to Acquire Bumble Bee Foods
October 14, 2010
CPC Europe Funds III & IV Announce Picard Acquisition
August 31, 2010
CPC Europe Fund III Announces Nidan Soki Sale
July 28, 2010
CPC Europe Fund III and CPC Razor SBS Announce Personna Bankruptcy Filing
July 23, 2010
Carson Private Capital Closes CPC Europe Fund IV, LP
May 21, 2010
CPC Fund IV and CPC 2008 Co-investment Pool Announce TriDimension Energy Bankruptcy Filing
April 26, 2010
CPC Fund V Announces Sturm Foods Sale
March 31, 2010
CPC Europe Fund II Announces Kettle Foods Sale
March 30, 2010
CPC Fund V Announces CanPages Sale
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