Wednesday 27 November 2019

Los Angeles, US-based investment firm Platinum Equity has entered into negotiations to acquire Paris-based sweet biscuit manufacturer Biscuit International from France-based private equity firm Qualium Investissement, the company said.
The proposed transaction is subject to works council consultation, regulatory approval and customary closing conditions. No terms were disclosed. Platinum Equity said it supports Biscuit International's plan to continue expanding its offering and its international reach, both organically and through additional add-on investments.