IK Investment Partners to invest in Cérélia Group
IK VII Fund, advised by IK Investment Partners (“IK”), today announces an investment in Cérélia Group (“Cérélia” or the “Company”), a leading European manufacturer of ready to bake chilled dough. Financial terms of the transaction are not disclosed.In 2012, the merger of EuroDough and L'Alsacienne de Pâtes Ménagères (APM) created Cérélia, bringing together nearly 40 years of experience. Today, Cérélia is a leading European manufacturer of ready-to-use private label dough, generating sales of EUR 212 million in 2014. The Company has a wide product range that includes rolled pie dough, pizza