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June 2009
Sale of Loeul & Piriot Traiteur (Catering Division) to Delpeyrat
Wagram Corporate Finance advised Loeul & Piriot SA (“L&P”)
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DescriptionSale of Loeul & Piriot Traiteur (Catering Division) to Delpeyrat
Sector(s) : Consumer goods
Date : June 2009
Advisor(s) : Wagram
Advised : Sell Side
Mid-Capital partner Wagram Corporate Finance advised Loeul & Piriot SA (“L&P”)
L&P, a leading independent French based food group divested its L&P Traiteur division dedicated to the segment of cooked dishes and prepared meals.
L&P Traiteur is an important player in the convenience food industry:
- More than € 30m sales (22% of Group sales);
- More than 14 tons packaged per day;
- More than 4 500 tons retailed per year.
Wagram Corporate Finance members Paul Le Clerc and Stéphane Préfol previously advised L&P for the disposal of its medical nutrition business to Lactali.
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