February 2019: Acquisition of Patisserie Valerie from Administration

Founded in London’s Soho district in 1926, Patisserie Valerie is the leading branded patisserie and bakery operator in the UK with more than 90 outlets.

Causeway Capital funded the acquisition of the business and assets of Patisserie Valerie from the joint administrators in February 2019. Causeway Capital has also provided growth capital to finance investment in the business’ central food production facilities and store refurbishments.

Patisserie Valerie employs more than 1,700 people and Causeway Capital’s investment ended an uncertain financial period for the business, benefitting customers, employees and suppliers alike.