Materne is the market leader in the ambient compote segment in France and the second largest producer of jams in France. Materne’s products are primarily branded and marketed under the Materne, Confipote and Pom’potes brands. Materne is also a leading producer of jams for the private label sector, and a supplier of fruit and jam products to the local catering and industrial preserves segments.
Over the course of Lion’s investment, Materne achieved a turnaround in financial performance that led to a near doubling of its profitability in the second year of Lion’s ownership. In December 2006, Lion Capital sold the company to Activa Capital, owner of Mont Blanc, a leading manufacturer of ambient dairy cream desserts in France.
