The London-based privbate equity funds CapVest Partners (CapVest) is to acquire Natra, a Spanish manufacturer of chocolate products, from Investindustrial. The transaction is subject to standard closing conditions and regulatory approvals.

With a turnover in excess of € 410 m in 2021, 1,000 employees and six production plants in Spain, Belgium, France and Canada, Natra combines traditional high-quality European chocolate making with constant innovation to meet changing tastes and needs of consumers around the world.

Established in 1943, Natra is a leader in the production of chocolate bars, pralines, tablets and spreads which it sells in more than 90 countries worldwide. Its ingredients division also supplies a wide range of cocoa-based ingredients such as cocoa mass, powder, butter, fillings and coatings to the international food industry.