The sector has experienced significant structural changes brought on by discount bakeries and the increasing prevalence of baking services in grocery stores.
The deal represents Investindustrial’s second investment in Spain this year. Recent European acquisitions also include Italian-based ingredients company Italcanditi.
Christian Keller and Ann Sharkey are appointed managing directors in Houlihan Lokey's European financial sponsors group.
The European private equity firm, specialising in the circular economy, has led a multimillion growth financing round in ZigZag Global.
Since BGF acquired a stake in the business, it has achieved more than 4,300 successful R&D tax credit claims for its 1,400 clients.
Administrator, EY, is hoping to find a buyer for the business. More than 80 employees, out of over 400, have been made redundant.
Aliter Capital has announced the promotions of Claudia Beveridge, Alex Noel and James Davies. All three joined the firm in 2017.
Adcock was previously a senior portfolio director at mid-market private equity firm LDC.
Aircraft maintenance and repair company Revima has generated €280m in 2018, representing double digit growth.
Headquartered in the north west of England, Courtyard Care operates a group of residential homes for children with medical and mental healthcare needs.