CHICAGO, April 10, 2017 /PRNewswire/ -- Lincoln International ("Lincoln"), a leading global mid-market investment bank, is pleased to announce that it served as the exclusive buy-side advisor to Cerelia SA ("Cerelia") in the acquisition of that English Bay Batter Co. ("English Bay"), a portfolio company of Kilmer Van Nostrand Co. ("Kilmer").
Founded in Vancouver, British Columbia, in 1983, English Bay is a leading manufacturer of cookies, muffins, brownies and other pastries. English Bay's products are widely distributed across the United States and Canada through retail and foodservice channels.
Cerelia, backed by IK Investment Partners since 2015, is a leading French producer of ready-to-bake dough and ready-to-heat pancakes in Europe. The addition of English Bay will accelerate Cerelia's development in North America and create an international group able to meet a broad set of customer needs with an enlarged range of products across retail, in-store bakery and foodservice distribution channels.
Lincoln acted as the exclusive buy-side advisor to Cerelia, working closely with Cerelia's management team, shareholders and advisors throughout the sale process to provide advisory expertise and manage the valuation, due diligence and negotiation phases of the transaction.
For more information on Lincoln's Global Food & Beverage Group Leadership Team, please visit http://www.lincolninternational.com/industries/food-beverage/.
About Lincoln International
Lincoln International specializes in merger and acquisition advisory services, debt advisory services, private capital raising and restructuring advice on mid-market transactions. Lincoln International also provides fairness opinions, valuations and joint ventures and partnering advisory services on a wide range of transaction sizes. With eighteen offices in the Americas, Asia and Europe, Lincoln International has strong local knowledge and contacts in key global economies. The firm provides clients with senior-level attention, in-depth industry expertise and integrated resources. By being focused and independent, Lincoln International serves its clients without conflicts of interest.
More information about Lincoln International can be obtained at www.lincolninternational.com
Media Contact: Heidi Becker
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SOURCE Lincoln International LLC