Katjes International expects sale of 23% stake in CPK this year

Katjes International expects sale of 23% stake in CPK this year

•  CPK majority owner Eurazeo has entered into exclusive negotiations
•  Buyer expected to be a holding company of Ferrara Candy Co., a subsidiary of the Ferrero Group
•  Katjes International anticipates proceeds of up to EUR 80 million in Q4

Emmerich, July 11^th 2025 – Katjes International, through its subsidiaries, holds approximately 23% of the French confectionery company CPK. This “at-equity” participation stems from the contribution of Katjes International’s French and Belgian operations into the CPK Group end of 2018. The majority shareholder of CPK is the French private equity fund Eurazeo. Today, Eurazeo announced that it has entered into exclusive negotiations regarding the sale of CPK with a European holding company of the U.S.-based Ferrara Candy Company, a subsidiary of the Ferrero Group.

The finalization of the transaction remains subject to the conclusion of the information and consultation process with the CPK’s trade unions, as well as to approval from the competition authorities. The transaction should be finalized in the fourth quarter of this year. The transaction is expected to bring up to €80m of proceeds to Katjes International’s balance sheet in Q4.

CPK owns a broad portfolio of confectionery brands (including Lutti, Carambar, and Terry’s) and operates three production facilities in France with over 900 employees.

“We are pleased that – after our initial acquisition of Lutti in 2011 and its contribution to the larger CPK group in 2018 – we can now enable the next stage in the development of the brands in the CPK portfolio through this transaction. In line with our strategy to grow through acquisitions, we are continuously evaluating attractive brands to reinvest the expected proceeds.” says Tobias Bachmüller, Managing Partner of Katjes International.

CONTACT
Katjes International GmbH & Co. KG
Tel.: +49 (0) 2822/601-700
Fax: +49 (0) 2822/601-125
E-Mail: kontakt@katjes-international.de
Website: www.katjes-international.de/en/ 

ABOUT KATJES INTERNATIONAL

Katjes International GmbH & Co. KG, together with its two legally independent sister companies, the well-known confectionery manufacturer Katjes Fassin GmbH & Co. KG and Katjesgreenfood GmbH & Co. KG, as well as the respective subsidiaries and investments of these three companies, form the Katjes Group ("Katjes Group"). With a focus on branded Consumer Goods in Europe, the Katjes International bundles its investments in companies with strong and established brands. The business includes the seven subsidiaries Sperlari with Dulcioliva and Paluani in Italy, the German companies Piasten, Dallmann's Pharma Candy with Bübchen Body Care and Bübchen Oral Care and Harlekijntjes in the Netherlands. In addition, the company holds interests of ca. 88 % in the British company Candy Kittens Limited and of around 23% in the French company Carambar & Co. (CPK).

For more information, visit www.katjes-international.de/en/

INFORMATION AND EXPLANATIONS OF THE ISSUER CONCERING THIS ANNOUNCEMENT

To the extent that this release contains forward-looking statements, these statements are based on plans, estimates and projections currently available to Katjes International. Forward-looking statements therefore speak only as of the date they are made. Katjes International assumes no obligation to update or develop such statements in light of new information or future events. By their nature, forward-looking statements involve risks and uncertainties. A variety of important factors could cause actual results to differ materially from those in forward-looking statements.