Private equity firm MBK Partners has acquired a significant stake in the eponymous premium Belgian chocolate brand founded by pastry chef Pierre Marcolini through its Japanese subsidiary VM2 Holdings. The financial details of the transaction have not been disclosed.
VM2 Holdings has acquired all the shares of the Pierre Marcolini brand previously held by Laurent Levaux, chairman of Avia Partner fund, and François Schwennicke, former owner of Belgian luxury brand Delvaux. Following the completion of the deal, VM2 Holdings will replace another private equity firm Neo Investment Partners …
