The investment supports Relais Desserts' expansion plans, with Cerea Partners aiming to scale the company's boutique network across western France. The chocolatier, which generates approximately '15m in annual revenue, operates six boutiques in the Nantes region and a seventh in Japan. The transaction includes debt financing from CIC Ouest and Caisse Regionale Credit Mutuel Loire-Atlantique Centre Ouest, alongside participation from Caisse Regionale de Credit Agricole Mutuel Atlantique Vendee and Caisse d'Epargne et de Prevoyance Bretagne Pays de Loire. Relais Desserts is the seventh investment from Cerea Capital III, which completed its first close in 2022. The fund focuses on high-growth food industry businesses, with portfolio companies including automation specialist AB Process Ingenierie and bakery chain Sophie Lebreuilly. Subscribe to our Newsletter to increase your edge. Don't worry about the news anymore, through our newsletter you'll receive weekly access to what is happening. Join 120,000 other PE professionals today....
Classified as Article 8 under SFDR regulations, the fund will primarily attract high-net-worth investors, with a minimum entry of '100,000. It will focus on minority investments in companies generating between '10m and '300m in revenue. The launch follows the full deployment of Arkea Capital's previous fund, which backed 31 companies before completing its investment cycle last year. With its latest vehicle, the firm looks to further strengthen its position in France's private equity landscape. Hear more about investment efforts in France by joining France's Leading Private Equity Conference in Paris. Subscribe to our Newsletter to increase your edge. Don't worry about the news anymore, through our newsletter you'll receive weekly access to what is happening. Join 120,000 other PE professionals today....
The hotels, built between 2000 and 2011, are located in Paris ' Issy-les-Moulineaux, Paris ' Montreuil, Paris ' Saint-Denis, Lille, and Cannes. While they have performed well operationally, they have seen limited investment due to their fragmented ownership structures. Henderson Park plans to renovate guest rooms, upgrade public areas, and modernise technical equipment to improve energy efficiency and operational cost savings in line with Paris Agreement targets. Accor, the multinational hospitality group, will continue managing the properties under newly signed agreements. Henderson Park, which now holds over 11,000 hotel rooms across Europe and the U.S., sees the hospitality sector as a key investment focus. Christophe Kuhbier, Head of Investments, Europe, at Henderson Park, highlighted the sector's strong recovery since the pandemic, driven by increasing traveller numbers and higher visitor spending. He emphasised that France, as the world's top international travel destination, presents a compelling market for further investment....
Nutriset, a French company, was founded by Michel Lescanne. He was one of two scientists who invented this product in 1996. A sticky peanut butter paste branded Plumpy'nut, it's enriched with vitamins and minerals and comes in packets that require no refrigeration or preparation. Health care professionals were quickly convinced of its promise. What was harder to figure out was how to manufacture as many packets as possible while cutting costs. In 2008, ready-to-use therapeutic food producers like Nutriset charged US$60 for one box of 150 packets ' the number needed to treat one severely malnourished child for the 6-8 weeks needed for their recovery. In a study we published in the Journal of Management Studies in October 2024, we explained how the international agencies, nongovernmental organizations, activists and for-profit companies involved in the product's distribution managed to resolve a public controversy over the use of Nutriset's patent and its for-profit business model. Contrary to the expectations of activists and many humanitarian NGOs, this for-profit company managed to reduce its prices down to $39 per box of Plumpy'nut packets by 2019 and keep them consistently lower than any nonprofit or for-profit competitors could, all the while enforcing its patent rights....
