Members

Login to access your exclusive member-only content and account information.

Login

Not a member? Join us

  • Operate to the highest level of professional standards
  • Access authoritative industry research and data
  • Navigate the complex EU regulatory environment
  • Network and engage with industry leaders
Private equity in action - Case Study

PE in CEE - Bambi

Share

Serbian biscuit and confectionery producer

Unlocking a market-leading brand as a platform for domestic and export expansion

 

COUNTRY

Serbia

RETURN 4.5x
GP Mid Europa Partners GROWTH +28% EBITDA
INVESTMENT EUR 51 million (with LP co-invest.)    
SECTOR Consumer food products INVESTMENT TYPE Buyout
INVESTMENT April 2015 FUND OWNERSHIP 100% (incl. LP co-invest.)
EXIT June 2019 EXIT ROUTE Trade sale

Investment rationale
Prior to the investment, Bambi was a leading biscuit and confectionery producer with a well-recognized brand, Plazma, in the countries of the former Yugoslavia. The company’s robust financial performance despite challenging economic conditions confirmed the strength of its business. Mid Europa Partners (MEP) saw the opportunity to refocus Bambi on its core advantages and leverage its market position for further growth.


Deal history and structure
Mid Europa Partners acquired Bambi together with two other companies (jointly Danube Foods Group, restructured and renamed Moji Brendovi Group post-investment). Bambi, listed on the Belgrade Stock Exchange, was controlled by Imlek, another listed company from the group. Mid Europa successfully tendered for the shares of Imlek and Bambi and then de-merged the companies. MEP and its LP co-investors invested EUR 51 million for 100% of Bambi.

 

Bambi

Mid Europa Partners

In this section
Private Equity in CEE: Creating Value and Continued Growth Image

Private Equity in CEE: Creating Value and Continued Growth

11 Feb 2021
Invest Europe

The report offers an in-depth study of private equity’s role in innovation and economic development across Central and Eastern Europe through detailed case studies of companies backed by private equity investors during 2015-2019.

Download PDF 8.26 MB
Share

What can I do to manage cookies stored on my computer or phone?

You can accept or refuse cookies. Accepting cookies is usually the best way to make sure you get the best from a website.

Most PCs automatically accept them but you can change your browser settings to restrict, block or delete cookies if you want. Each browser is different, so check the 'Help' menu of your particular browser (or your mobile phone's handset manual) to learn how to change your cookie preferences. Many browsers have universal privacy settings for you to choose from.

Help on how to set and customise your cookie settings for your browser

How to manage cookies in Internet Explorer

Cookie settings in most versions of Internet Explorer can be found by clicking the tools option and then the privacy tab.

How to manage cookies in Firefox

Cookie settings in Firefox are managed in the Options window's Privacy panel. See Options window - Privacy Panel for information on these settings.

How to manage cookies in Chrome

Click on the spanner icon on the toolbar, select settings, click the under the bonnet tab, click on content settings in the privacy section.

How to manage cookies in Opera 

You can manage cookies in Opera if you Click on settings, then Preferences, then Advanced and finally Cookies

How to manage cookies in Safari

Choose Safari, then preferences and then click security. You should then be able to specify if and when Safari should accept cookies.

To manage cookies on your mobile phone please consult your manual or handbook.

Get more help about how cookies work with specific browsers.

What happens if I don't accept cookies?

If you decline cookies, some aspects of Invest Europe site may not work on your computer or mobile phone and you may not be able to access areas you want on the website. For this reason we recommend that you accept cookies.

What happens if I delete my cookies?

If you delete all your cookies you will have to update your preferences with us again and some aspects of our site may not work.

What happens if I change computers or mobile?

If you use a different device, computer profile or browser you will have to tell us your preferences again.

If you'd like to learn more about cookies in general and how to manage them, visit aboutcookies.org.

We can't be responsible for the content of external websites.

Opt-out of cookies

Login

Join today

This is for members only. To view in full login or join Invest Europe today.