Monbake, a Spanish leader in the frozen bakery sector, has been acquired by CVC Capital Partners, aiming to leverage growth opportunities in the burgeoning market.

Information on the Target

Monbake, established in 2018, stands as a prominent player in the frozen bakery and pastry sector in Spain. This company was formed through the merger of two historic brands, Berlys and Bellsolá, both of which have a rich heritage dating back to the 1890s. Monbake has since innovated its offerings and streamlined its production processes, allowing it to manufacture a wide range of high-quality products in multiple factories across Spain.

The company's products cater to various market segments, including traditional bakeries, large retail chains, and the HORECA (Hotels, Restaurants, Catering) sector. Additionally, Monbake has successfully expanded its operations beyond Spanish borders, exporting to 30 international markets, showcasing its robust distribution capabilities and strong market presence.

Industry Overview in Spain

The frozen bakery and pastry industry in Spain has witnessed significant growth, fueled by increasing consumer demand for convenience and high-quality baked goods. As busy lifestyles prevail, more consumers are seeki