ECM Capital Management To Buy Germany's Kamps Bakery
August 11 2010 - 1:29PM
Dow Jones News
German private equity fund ECM Capital Management said Wednesday
it will acquire German bakery chain Kamps GmbH from Italian pasta
maker Barilla G. e R. Fratelli SpA.
ECM and Barilla didn't disclose details of the transaction but
people familiar with the matter said the sale price will likely be
a middle two-digit million euro figure.
A previous attempt by Barilla to sell Kamps for around EUR100
million fell through in 2008.
Kamps is one of Germany's largest retail bakery chains with
around 900 locations and about 1,000 employees.
-By Frankfurt Bureau, Dow Jones Newswires; +49 69 29725 500;
djnews.frankfurt@dowjones.com