Deals
Lesaffre Owners Said to Consider Selling Stakes in Yeast Maker
- Family members working with advisers on divestment options
- PE firms have already expressed interest in the French group
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The owners of Lesaffre, one of the world’s largest yeast manufacturers, are considering selling a number of stakes in the business, according to people with knowledge of the matter.
The board of the family-held company, which generates revenue of more than 2.2 billion euros ($2.6 billion), is working with advisers on divestment options, the people said, asking not to be identified discussing confidential information.