PAI Partners to acquire La Compagnie des Desserts from Argos
PAI Partners (“PAI”), a pre-eminent private equity firm, today announces that it has agreed to acquire La Compagnie des Desserts (“LCDD” or “the Company”), a leading premium frozen desserts supplier for the food service market, from independent European investment fund Argos . Credit Mutuel Equity, which held 20% of the shares alongside Argos, also exits completely, having supported the Barral family, founders of LCDD, since 2005.
