Acquisition of Selection du Pâtissier of Fins Gourmands by Hafner

DATE
September 2021

TRANSACTION TYPE
Corporate acquisition

VALUE
Undisclosed

SECTOR
Food & Beverage

Spayne Lindsay is delighted to announce that it has advised Hafner Entreprises, the French-based dessert group in the acquisition of  Selection du Pâtissier Inc. and Fins Gourmands, Inc., two companies engaged in frozen desserts and headquartered in Quebec, Canada.

Created in 1929 by Joannès Hafner, Hafner Entreprises has specialized in pastry for artisan bakers, proposing ready-to-fill pastry shells and fresh pastries, with production units in France and Canada.

This acquisition allows Hafner to strengthen its existing production capacities in Canada and cater to the growing North American demand for quality desserts.

Selection du Pâtissier and Fins Gourmands are both producers of family-sized and single-serve frozen bakery products to North American retail and foodservice clients. Both companies were created in the 90s by local entrepreneurs who are now withdrawing from business.