Private Equity Acquisition
Food & Beverage
Spayne Lindsay is delighted to announce that it has advised The Bel Group, a world leader in branded cheese and a major player in the healthy snack market, on its announced acquisition of All in Foods, one of the most innovative plant-based cheese alternative companies in the world that sells its products under the Nature & Moi brand.
Bel will accelerate development of All in Foods capitalizing on its global route to market in its core cheese categories and its unique cheese know how.
As part of this transaction, Bel will partner with the Jouault family that founded All in Foods in Saint Nazaire (France) in 2013 and will retain a 20% stake in the company going forward.
All in Foods has applied its unique know how in plant-based foods to develop a range of plant-based alternatives to cheese, available in slices, blocks, bloomy rind, grated, and spreads, as well as plant-based sauces.
In just a few years All in Foods has become a key player in the fast-growing plant-based cheese alternative sector, with its products sold primarily in hypermarkets and supermarkets, food service and B2B in France and internationally.
Antoine Fievet, Chairman and Chief Executive Office of The Bel Group, said:
“The Bel Group has enhanced its entry into the plant-based era and confirms its strong ambitions. We continue to diversify our product offering to meet new consumer expectations, and we are guided by our mission to champion healthier and responsible food for all. We believe in the excellence and potential that All inFoods has to offer, to meet the challenge for more sustainable food.”