Carletti A/S acquires Makua Foods Oy from MB Funds

Aventum acted as advisor to MB Funds on the sale of Makua Foods (“Company”) to the leading Danish family-owned chocolate and candy manufacturer Carletti Group.

Carletti acquires Makua Foods group consisting of Makulaku Lakritsa Oy, an innovative producer of high quality extruded licorice products, and Impuls Tukku Oy, a leading sales organization focusing on service sector with FMCG products in Finland.

Makulaku is well known for its in-house R&D capabilities and constantly developing product portfolio of extruded licorice products. Makulaku’s all-time favourites include Metrilaku licorice products and fresh Porvoon Herkku licorice bags. The Company’s modern production facility is in Porvoo, Finland’s capital of licorice, where the Company employs +50 professionals.

With its long traditions and strong expertise in the chocolate and confectionery industry, Carletti will support Makulaku’s further development and growth in both current and new markets. Together, the companies will form a solid platform in the Nordic candy market with wide product offering, modern manufacturing capabilities and strategic geographical footprint.

In order to find the most optimal outcome for the owners as well as the best buyer for the Company, Aventum utilized its broad experience of sell-side mandates and the FMCG industry as well as established buyer network across Nordics and Europe.

The transaction was closed in April 2021.