Willkie is advising IK Partners on the proposed sale of its stake in Mademoiselle Desserts, a leading European manufacturer of frozen pastries, to the Emmi Group.

On July 5, IK Partners announced that its IK VIII Fund entered into exclusivity to sell its stake in Mademoiselle Desserts to the Emmi Group, the leading manufacturer of high-quality dairy products in Switzerland.

Established in 1984 and headquartered in Montigny-le-Bretonneux in France, Mademoiselle Desserts has rapidly grown to become a leading European manufacturer of premium frozen pastries.

Willkie previously advised IK Partners on its acquisition of a majority stake in Mademoiselle Desserts in 2018, and Mademoiselle Desserts on its subsequent add-on acquisitions of Pâtisserie Michel Kremer and Les Délices des 7 Vallées.

IK Partners is a European private equity firm focused on investments in the Benelux, DACH, France, Nordics and the UK. Since 1989, IK has raised more than €16.5 billion of capital and invested in over 180 European companies.

The Willkie team is led by partners Eduardo Fernandez and Hugo Nocerino and includes partner Faustine Viala and associates Sarah Bibas, Eden Attias and Hana Rousse.