B&A Investment Bankers acted as joint exclusive financial advisor to Pierre & Vacances-Center Parcs Group (PVCP Group) and to the management of PVCP Real Estate Brokerage Co., Ltd. in China (PVCP Brokerage), established through Phoenix Tourism Holding Limited (Phoenix Tourism), on the sale of PVCP Group’s 100% stake in PVCP Brokerage through a management buy-out operation (MBO).
This transaction is another landmark illustration of B&A’s unique capacity to accompany western clients in their strategic transactions in China.
Founded in 1865 in France, Bel, a family group, is a world leader in branded cheese and a major player in the fruit and plant-based healthy snacking market. Bel is dedicated to products that combine healthy indulgence and fun with a dash of cheekiness. Its international development draws on a portfolio of positive brands, such as The Laughing Cow, Kiri, Mini Babybel and GoGo squeeZ…. Over 12,500 employees in more than 30 subsidiaries around the world contribute to the deployment of the Group’s mission to champion healthier and responsible food for all.
With a family heritage dating back to 1912 in the Chinese city of Hangzhou, Lao Jin Mo Fang has successfully transformed into a modern healthy snacking brand since its incorporation in 2006, thanks to an impressive growth focused on online sales channels. Featuring Chinese traditional healthy ingredients such as natural grain powders, cereals, and other healthy snacks, Lao Jin Mo Fang has succeeded in attracting young generations with its capability to incorporate classic recipes into innovative snacking formats, keeping up with fashion trends and ensuring enriched nutrition and delicious tastes, making the company one of the most popular local healthy food brands.
Through this strategic investment, Bel aims at accelerating its footprints in China’s fast growing healthy snacking segment and to benefit from Lao Jin Mo Fang’s expertise and insights in the dynamic social e- commerce ecosystem.
Lao Jin Mo Fang ambitions to become China’s leading healthy snacking brand and believes Bel’s long history and world leadership in the space will help it achieve this goal in the near future.
Both companies envisage to co-develop innovations and nurture mutually beneficial synergies in marketing, sales channels, supply chain and other functional areas.
This transaction is another landmark illustration of B&A’s unique capacity to accompany western clients in their strategic deployment in China.
B&A advised on the sale of the PAM activity at the industrial site of Xuzhou in China PAM is the piping activity of the Saint Gobain group, a world leader who designs, manufactures and distributes materials and solutions which are key ingredients in the wellbeing of each of us and the future of all.
Kidiliz Group (formerly Groupe Zannier) and Zheijiang Semir Garment Co. Ltd. to form the world’s second largest children’s fashion group. B&A acted as exclusive sell-side adviser to the shareholders of Kidiliz.
B&A advised Mont Blanc Materne on the best strategy to enter the Chinese market with its new product Go Go Squeez. GoGo squeez is a dairy pouch format product of the Mont Blanc Materne, a company acquired by the BEL group in 2016. With 150 years of existence, 3.3Bn€ of sales in 2018 and more than 30 subsidiaries and production sites in the world, Bel is a world-class leader in dairies and healthy snacking.
B&A advised Impala, Jacques Veyrat’s investment company, on the sale of Arjo Systems. At the end of an international process that saw the competition of European, Chinese, Japanese and American industrial and financial players, HID Global finally won the auction.