Eurazeo is set to divest its stake in CPK Group to Ferrara Candy Company, projecting earnings of approximately €240 million with the deal anticipated to close in Q4 2025.

Target Information

Eurazeo is currently in exclusive discussions to divest its entire financial stake in CPK Group to a European holding company affiliated with the US-based Ferrara Candy Company. This transaction, anticipated to finalize in the fourth quarter of 2025, is projected to generate approximately €240 million for Eurazeo, inclusive of dividends already received. This exit marks the fifth consecutive sale to a strategic buyer under Eurazeo’s Capital strategy, emphasizing the firm’s ability to develop and position European market leaders effectively.

Established in 2017, CPK Group emerged through the acquisition of 14 renowned brands from Mondelez and further expanded by integrating Lamy Lutti in 2018. Today, CPK has transformed into a prominent player in the European confectionery and chocolate sector, boasting a diverse portfolio that features beloved brands such as Carambar, Krema, Lutti, Michoko, Terry’s, Poulain, and 1848. The company operates three production facilities and a workshop in France, employing a workforce of over 900 individuals.

Industry Overview in France

The French confectionery industry is a vibrant and dynamic sector characterized by a rich tradition of innovation and quality. France ranks among the top markets in Europe for confectionery consumption, driven by a strong cul