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.

  • Image of CM-CIC Company Logo
    sold a majority stake in
    Image of Compagnie des Desserts Company Logo
    to
    Image of Argos Wityu Company Logo
    Sell-side
    Undisclosed
    View Back of Transaction
    Clearwater Advisers

    Adviser to CM-CIC on its sale of a majority stake in Compagnie des Desserts to Argos Wityu

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