Latham & Watkins advises Platinum Equity in its acquisition of Biscuit International from Qualium Investissement

Platinum Equity has entered into negotiations with Qualium Investissement to acquire Biscuit International.

26 Novembre 2019

Platinum Equity, a global investment firm based in Los Angeles, announced that it has entered into exclusive negotiations with Qualium Investissement to acquire Biscuit International, a leading European manufacturer of private label sweet biscuits.
Headquartered in Paris, Biscuit International employs approximately 1,900 people and generated sales in excess of €500m during the last 12 months, of which approximately two-thirds came outside France.
The company markets a wide range of products with a European or local presence, including traditional biscuits and a growing portfolio of products for consumers with specific dietary requirements (organic, low-calorie, sugar-free, gluten-free, milk-free and other categories).

Latham advises Platinum Equity in the transaction with a Paris team led by Gaëtan Gianasso, partner, assisted by Simon Lange, Arthur Rohmer, Allison Kramer and Fleur Bennett on corporate aspects ; Michel Houdayer, partner, assisted by Olivier Stefanelli and Chiraz Turki on financing aspects; Xavier Renard, partner, assisted by Alexis Caminel on tax aspects ; Matthias Rubner, partner, assisted by Celia Gallo and Agathe Flandre on employment aspects of the transaction.

 

 
 

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