Polish private-label and branded biscuit maker Dr Gerard has been acquired by private-equity firm Bridgepoint for an undisclosed sum.
Owned by French group Poult, Dr Gerard’s core business is in cookies and chocolate products, sold in all retail formats, Bridgepoint said.
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The company operates from three sites across Poland where it employs over 950 staff. In recent years, it has developed a growing export business across central and Eastern Europe.
Contacted by just-food, Poult declined to comment on the reasons for the sale.
Khai Tan, partner responsible for Bridgepoint’s activities in central and Eastern Europe, said: “With its differentiated and innovative value-for-money products, strong preferred partnership status with its trade customers and robust operational execution, [Dr Gerard] is set to consolidate its position in Poland and develop a significant international platform in the CEE.”
