COFIDES has formalized an investment of €49.6 million in Europastry through the Fund for Investments Abroad (FIEX) to support the capital increase of the multinational and the acquisition of 100% of Highland Baking, an American bakery company oriented to the food-service channel. The operation, within the framework of a total expansion of €300 million led by MCH Private Equity, seeks to consolidate Europastry's presence in North America, increase its productive capacity and leverage the distribution network and knowledge of the local consumer. Europastry, headquartered in Barcelona and with a catalog of more than 4,900 references, aims to scale its global turnover and reinforce its position among the largest operators in the sector, also counting on the institutional backing provided by COFIDES.
The information and images in this article may have been generated or processed using artificial intelligence.