FNB Private Equity has acquired the 'Baby Food' division from Nestlé in France, including notable brands, marking a strategic move to enhance growth and innovation in the market.

Information on the Target

FNB Private Equity has successfully acquired the 'Baby Food' segment (excluding infant formula) in France from Nestlé, which includes the brands NaturNes®, Babicao®, Babivanille®, and the P’tit franchises. These brands are consolidated under Azuré Holding and are produced at the Arches facility located in the Vosges region (88). With this acquisition, FNB Private Equity becomes the majority shareholder of Azuré Holding, with Antoine Forbin appointed as President.

As a key player in the baby food market, Azuré Holding operates a dedicated production site employing approximately 235 people. The facility has a capacity of 33,000 tons and achieves an annual revenue of around €100 million, holding 25% market share in France with a broad portfolio of over 140 recipes.

Industry Overview in France

The baby food industry in France is characterized by robust growth driven by rising awareness among parents about nutrition and the increasing demand for organic and natural food pro