On June 30th, 2022, MBO & Co completed the sale of Arcado to Chevrillon. The management team has reinvested part of its proceeds in the new deal.
Derived from a traditional charcuterie established in 1939 by Jean Amiotte-Suchet, the company has since grown to become the leading supplier of Morteau and Montbéliard sausages, each of which has PGI (protected geographical indication) status. Arcado is also the leading supplier of Burgundy ham with parsley. Today, the group is a key player on the speciality cured meats and sausages markets. It has achieved tremendous development, through strong organic growth as well as external growth with the acquisition of 4 companies: Morteau Saucisse in 2003, Clavière in 2015, Chambade in 2017 and Aux Produits Saugets in 2020. Regularly recognised for the quality of its products, the group has a varied and complementary range of quality local products.
MBO & Co and Amundi PEF successfully supported the transmission of the Group to Olivier Paget (who joined as CEO in 2015 and took over from his brother, Richard Paget, in the context of the 2018 acquisition) and accompanied Arcado in the implementation of a formalized governance. Arcado’s revenues have encountered significant growth over the past 4 years, from 76M€ in 2018 to over 100M€ currently.
Richard Broche, Partner at MBO & Co, stated “We acquired Arcado in August 2018 alongside Olivier Paget. Our exit marks the end of a strong and trust-based relationship of 4 years. We are proud of this long way together, especially with regards to the complex context we faced. Arcado has strongly reinforced its market position, notably with the successful acquisition of Aux Produits Saugets and is now ready to accelerate its expansion. We wish Olivier Paget and his management team the best for the future.”