Continental Bakeries

Leading European bakery group

At the time of exiting, Continental Bakeries was a manufacturer and distributor of biscuit products in Europe. The group focused on private label and branded niche products within the sweet, unsweetened and savoury biscuits markets.

The IK 1997 Fund completed acquisition from Hillsdown Holdings in February 1999. IK’s stake was subsequently sold to NPM Capital in July 2006.

Our Value Creation Strategy

During our ownership, we worked alongside the management team to:

• Rationalise production to fewer, larger units;
• Make strategic add-on acquisitions;
• Broaden product offering in existing markets; and
• Expand geographic distribution capabilities.