Clearwater International advises Groupe Chevrillon on the acquisition of a majority stake in Groupe Arcado
Clearwater has advised Groupe Chevrillon on the acquisition of a majority stake in Groupe Arcado, a manufacturer of cured meats and regional delicatessen products, from its financial shareholders, MBO&Co and Amundi PEF.
Established in 1939 by Jean Amiotte-Suchet, originally as a traditional charcuterie, Groupe Arcado has become the leader in the manufacturing of Morteau and Montbéliard sausages, and offers an extensive range of regional and IGP (Indication of Geographic Protection) products through its five leading brands: Jean-Louis Amiotte, Morteau Saucisse, Clavière, Chambade and Aux Produits Saugets. With a staff of 370, Groupe Arcado generates over €100m in revenue.
Founded in 1992, Groupe Chevrillon is a family-owned investment fund with €500m of equity capital to invest in companies, with industrial and service growth potential.
With this transaction, Groupe Chevrillon invests alongside Olivier and Richard Paget, to replace the two financial investors that delivered the capital in 2018, MBO&Co and Amundi PEF. Arcado will pursue its ambitious strategic development plan, to consolidate the group's position as national leader in the labelled local cure meats and delicatessen market.