Septentrion has advised Luc-Pierre Verquin on the acquisition of the companies Tourniayre and Dutoit
13/02/2025
Founded in 1897, Tourniayre, located in the Somme region, specializes in the manufacturing and packaging of cones and biscuits for ice cream. The company was acquired over 30 years ago by Mr. Franck Martin, who decided to build a new factory in 2010. Today, Biscuiterie Tourniayre is the oldest cone manufacturer in France. Established in 1951 in Hauts-de-France, Dutoit specializes in the production of puff pastry bites and tart bases. The company was acquired in 2021 by Mr. Franck Martin, who modernized the factory and developed the business.
With nearly 50 employees and state-of-the-art industrial facilities, Tourniayre and Dutoit offer high-end, standard, and custom-made products to a clientele of industrial customers, wholesale and specialized distributors, and retail chains.
As part of a competitive process, Luc-Pierre Verquin, through his holding company “Aux Trois Cigognes,” supported by Septentrion Finance, quickly established himself as a natural buyer.
This acquisition holds a special significance for him, as his family history is linked to the biscuit industry. His family founded the biscuit company “Aux Trois Cigognes” one hundred years ago, in 1925. This heritage resonates particularly strongly with this acquisition.
With extensive experience in the food industry, notably as owner-manager of Verquin Confiseur for over 15 years, Luc-Pierre Verquin also supports the development of other companies such as Chocolat Encuentro, Funky Veggie, and Têtes Brûlées Expérience, thus affirming his commitment to support and grow this sector.
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Buy-side advisors:
- M&A: Septentrion Finance (Thibaut Bouchoir)
- Legal: L&A Levêque & Associés (André Levêque, Océane Six)
- Financial Due Diligences: EY (Mathieu Jaud de la Jousselinière, Tom Conroy, Pierre-Marie Becquey)
- Legal, tax and social Due Diligences: EY Avocats (Etienne Durieux, Benoit Losfeld, Marnie Richard)
Sell-side advisors:
- M&A: Societex CF (Thomas Beaurain, Ali Drissi, Solène Fradin)
- Legal: Vauban (Grégory Lefebvre, Juliette Gioria)