|
Astorg is pleased to announce that it has entered into exclusive negotiations to become the new majority shareholder of Solina, the leading European manufacturer of ingredient and seasoning blends for the food industry, from Ardian. Solina’s management will reinvest a significant part of their proceeds alongside Astorg.
Founded in 1988 and headquartered in France, Solina serves more than eighteen thousand clients with 2, 250 employees across twenty seven sites across Europe and Canada. The company is exposed to resilient food consumption markets and to secular growth trends fuelled by the shift in food consumption towards more premium and natural ingredients. Solina has leading positions in the countries it operates in, resulting from superior customer service and...
|