ACG New York Women of Leadership - Entrepreneur Series
Barbara Bradley Baekgaard, founder of Vera Bradley (Nasdaq: VRA), is the latest in a series of entrepreneurs highlighted at ACG New York Women of Leadership events. Photo credit: Robert Blumenfeld


GTCR, Hormel, the Riverside Co-CEOs and Others Win M&A Mid-Market Awards
Amid a slow and challenging year for dealmaking, the winners of Mergers & Acquisitions’ 7th Annual M&A Mid-Market Awards outpaced the competition to grow, innovate and lead the middle market


Financial Services Companies Heat Up M&A Market
Speakers from Flexpoint Ford, Genstar Capital, Baird Capital, Madison Capital Funding and Katten Muchin Rosenman discuss the various factors playing a role in M&A activity within the financial services space

Expert's Corner

Pursuing Pharma Manufacturing
The fragmented pharmaceutical manufacturing industry provides plenty of opportunities for private equity investors, says JLL Partners founder Paul Levy

Food & Beverage
Italian Pasta Maker Barilla Exits German Bakery Chain

Agrofert acquires German bakery business Lieken

Czech group Agrofert Holding agreed to buy pasta maker Barilla Group’s German bakery chain business, Lieken AG, for an undisclosed price.

The deal comes as Barilla looks to invest more in its core businesses, concentrating on pasta, sauces and ready-made meals.

The Italian food company bought Duesseldorf-based Lieken in 2002 as part of its purchasing of bakery chain Kamps, which was sold to private equity firm Equity Capital Management in August 2010.

Lieken, a maker of baked goods under the Golden Toast brand, is Barilla’s only remaining German business unit and had net sales of €756 million ($951.02 million)in 2011. The transaction marks Agrofert’s first venture into the German bakery products market.

Barilla, based in Parma, Italy, was founded 135 years ago and produces about 2.5 million tons of food every year. The company tapped investment banks Rothschild and Rabobank to run the sale process.

UniCredit acting as Agrofert’s financial adviser, while CMS Hasche Sigle provided legal counsel.


For more information on related topics, visit the following: