Resource Partners, together with Ardian, will sale its stake in a leading Polish biscuit producer Delicpol. The shares would be acquired by a strategic Dutch investor Continental Bakeries.

Delicpol has an annual turnover of EUR58m and 950 employees. The major products are jaffa cakes, sponge cakes, ginger bread, and innovative healthy-claim cookies. Delicpol is the private label market leader in Poland and a significant player in the CEE region.

About Continental Bakeries
Continental Bakeries is a leading player in the European biscuit and bread replacement market with top 3 positions in the segments it operates in. Goldman Sachs and Silverfern are the shareholders. The company employs 1550 people, has 12 production locations across Europe and has sales operations in the Netherlands, Germany, Belgium, France, Sweden, UK and Poland.

About Ardian
Ardian, founded in 1996 and led by Dominique Senequier, is a premium independent private investment company with assets of USD62bn managed or advised in Europe, North America and Asia.

About Resource Partners
Resource Partners is one of the most active private equity funds in Central and Eastern Europe, focusing on equity investments in the consumer products and services sectors. Resource Partners is the winner of "Emerging Europe Deal of the Year 2016" award by Real Deals.

Małgorzata Bobrowska-Jarząbek, Partner
Resource Partners
Phone: +48 781 701 401