Platinum equity acquires Biscuit International
Acquisition Adds to Global Buyout Firm’s Momentum in Europe
Platinum Equity today announced the acquisition of Biscuit International, a leading European manufacturer of private label sweet biscuits. Headquartered in Paris, Biscuit International employs approximately 1,900 people and generated sales in excess of €500m during the last 12 months, of which approximately two-thirds came from outside France. The company markets a wide range of products with a European or local presence, including traditional biscuits and a growing portfolio of products for consumers with specific dietary requirements (organic, low-calorie, sugar-free, gluten-free, milk-free and other categories).