Daniel Frijns
OXEYE MONTHIS
Continental Bakeries
Deal Type
Acquisition
Sector
Consumer
Completion Date
1st June 2016
Deal Value
Not disclosed
Company Background
Europeans market leading manufacturer of private label biscuits
Deal Summary
OXEYE Advisors advised Goldman Sachs Principal Investment Area, the in-house private equity arm of Goldman Sachs, on the search for an acquisition opportunity with European buy-and-build potential. After having earmarked Continental Bakeries, Goldman sent a letter of interest, whereupon the seller decided to run an auction process for the sale of the company. After a very competitively run auction process run by William Blair, Goldman acquired the company.
Value Added
OXEYE Advisors had strong knowledge of the target company and its industry as Daniel had worked for Continental Bakeries in the past. Consequently we were able to build an attractive business case for the buy and build programme post the transaction. Likewise we knew the sellers well and were able to advise Goldman Sachs on how best to play the tactics of the auction process.
Continental Bakeries deal contacts
Key members of the OXEYE MONTHIS deal team crucial in the Continental Bakeries transaction
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