MBK takes bite of Godiva’s Asia-Pacific business

The north Asia private equity firm has spread its reach southwards to purchase Asia-Pacific assets from Godiva Chocolatier’s owner Yildiz Holding.

MBK takes bite of Godiva’s Asia-Pacific business

Private equity firm MBK Partners has won an ultra-competitive bidding process for the Japan, South Korea, Australia and future New Zealand operations of Belgium-based premium chocolatier Godiva.

According to sources close to the deal, MBK fought off a mixture of global and Asian-based private equity firms to close the transaction at the last minute.

Whilst terms have not been formally disclosed, recent estimates put the size of the deal in the $1...

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