Sulá acquired by The European Candy Group (TECG)
Orange CF assisted the shareholder of Misa Deutschland GmbH, 100% owner of Sulá GmbH, in the acquisition of Sulá to The European Candy Group (TECG). TECG was founded by private equity investor Bencis Capital Partners and management.
Orange Corporate Finance acted as advisor the seller in the transaction process.
Sulá is a leading European producer of sugar-free confectionery and produces a wide range of mainly private label products for the food retail channel from its production site in Metelen (Germany). The company has leading customers in Germany, the United Kingdom, the Netherlands and various other European countries.
TECG is market leader in the production of low-sugar and sugar-free confectionery. With the acquisition of Sulá, TECG expands this position on the Western European market and is able to meet current and future demand from European customers. TECG was founded in 1985 and supplies its confectionery products to more than 30 countries worldwide. The entire group, including Sulá, produces from 5 locations in the Netherlands and Germany with more than 550 employees and an approximate revenue of EUR 130 million.