Le Duff Group, headquartered in France, has acquired the majority of the shares in Kamps GmbH from German Equity Partners III (GEP III), a fund managed by ECM Equity Capital Management (ECM).
The acquisition strengthens its presence in the German quick service gastronomy and bakery market. As part of the envisaged transaction, the Kamps management team, headed by CEO Jaap Schalken, will reinvest into the company and continue to lead Kamps on its growth path as well as support the expansion of Le Duff Group in the German market. The transaction is still subject to approval from the relevant antitrust authorities. The purchase price and further details of the transaction have not been disclosed.
Kamps is one of the best-known brands in the German bakery market. Measured by the number of locations the company is one of the leading retail bakeries in Germany and amongst the Top-10 players in the quick service gastronomy market. With approximately 450 employees, the company achieved external sales of more than €200 million in 2014.
