Clearwater International advises CM-CIC and the founders of la Compagnie des Desserts on the capital opening of the Group to the investment fund Argos Soditic
Clearwater International has advised CM-CIC and the founders of la Compagnie des Desserts on the capital opening of the Group to the investment fund Argos Soditic.
As a result of the merger of Pôle Sud and Gourmet Parisien in 2008, la Compagnie des Desserts is the European specialist in ice cream and frozen dessert dedicated to the out-of-home channels. The Group’s net sales have grown by more than 13% per year since 2014 up to €61m in 2016.
La Compagnie des Desserts aspires to achieve a turnover of €100m thanks to its development on an international scale (Spain, Great Britain and more recently in the United States through the acquisition of the New York ice cream producer, Mont Blanc). As proof of its momentum, la Compagnie des Desserts is, simultaneously, completing its acquisition of Destiny Foods, a frozen dessert company in the North west of England.