Savencia Gourmet, a leading French food Group, renowned for its Premium Chocolate Food Service business and other additional premium food Brands , has entered the share capital of Sosa Ingredients SL (hereinafter “Sosa”) , the leading Spanish manufacturer and distributor of technical food ingredients for the gastronomy segment .
The entry of Savencia Gourmet in Sosa is set to boost the Company’s strategic and industrial plan mainly via the strengthening of its commercial reach in key gastronomy markets, as wel l as the enhancement of its production capacity .
Quico Sosa, CEO of Sosa Ingredients SL , stated “I am delighted to have partnered with two leading firms like Meridia Capital and Savencia Gourmet . The combination of their market expertise and set of experience in their fields will allow Sosa to reach the next level.”
Jean - Luc Grisot, Managing Director of Food Service Premium activities in Savencia Gourmet , stated "Sosa will brightly widen our products and services offer and support our premium gastronomy customers worldwide, together with Valrhona and our other Food Service Companies".
David Torralba, Partner, Managing Director Private Equity at Meridia Capital , commented “ After joining forces with Sosa Ingredients earlier this year we now look forward to working with such a recognised company in the foodservice gourmet segment like Savencia Gourmet. We are convinced that this partnership will strengthen the industrial an gle of Meridia Private Equity I portfolio companies .“
About Sosa Ingredients SL
Sosa is a leading manufacturer of technical food ingredients for the culinary and pastry segments. Sosa has developed a wide range of ingredients such as texturizers, freeze dried products, semi-candied and candied fruits and vegetables, flavors, extracts, pure paste of nuts, caramelized nuts and a global range of seasonings , becoming one of the pioneering manufacturers of premium technical food ingredients in the world. It currently has 150 employees and it exports its products to more than 80 countries. For more information please visit: www.sosa.cat
About Savencia Gourmet
Savencia Gourmet is the diversification leg of Savencia Group, a worldwide leading Group of Cheese and dairy products. Savencia Gourmet has over 2,500 employees and markets its Brands in 70 countries across 5 continents. Savencia Gourmet offers a broad range of renowned French meat specialties (dry cured sausages, fresh sausages and “rillettes”); it creates modern seafood products for consumer s and food service; and i t also boasts benchmark brands and companies on the super - premium chocolate segment. Savencia Gourmet’s main brands include: Bordeau Chesnel, St Agaûne, Albert Lhuissier, Coraya, La Maison du Chocolat, Valrhona, Weiss, De Neuville and Révillon. For more information please visit: http://www.savencia - careers.com
About Meridia Capital
Meridia Capital Partners , regulated by the Spanish Securities Market Commission (CNMV), is one of Spain’s leading alternative investments fund managers. With assets under management of €525m (equity), the group has an investment capacity of over €1bn and is one of the few diversi fied and largest fund managers in Spain.
Throughout its history, Meridia Capital has achieved above average returns and has gone from a mostly private investor base to partnering with some of the world’s most highly regarded institutional investors. The firm has grown and evolved to become a successful multi - sector and multi - fund investment company.
In 2016 Meridia Capital launched Meridia Private Equity I, a €125m private equity fund that targets companies headquartered in Spain. The vehicle intends to help management teams achieve the next level of growth through international expansion, operational change, market consolidation or institutionalisation.
Through its real estate vehicles Meridia I, II and III, Meridia Capital boasts extensive experience in the real estate sector, having handled numerous transactions in both Spanish and foreign property markets.
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