Compagnie du Bois Sauvage has finalized the acquisition of the remaining 34 percent stake in renowned chocolatier Jeff de Bruges, securing 100 percent ownership of the brand.
This strategic move strengthens the company’s chocolate division, which is now positioned as the primary growth driver for the group. Jeff de Bruges, a leading player in the French chocolate market with 480 stores domestically and nearly 50 internationally, will further bolster Compagnie du Bois Sauvage’s ambition to expand its global footprint and enhance operational control, including its cocoa sourcing capabilities.
The acquisition aligns with the group’s refined investment strategy, which now focuses on three core pillars: chocolate, real estate, and private equity funds.
The chocolate division, already generating over 300 million euros in revenue and 56.2 million euros in EBITDA (excluding IFRS 16) in 2025, is expected to reach 400 million euros in revenue and 80 million euros in EBITDA by 2030.
The deal, financed through a 110 million euros loan and existing cash reserves, is projected to add 7.5 million euros in annual profit and 11 million euros to the group’s net asset value (NAV).
CEO Benoît Deckers emphasized that the acquisition will accelerate the international growth of the group’s chocolate brands, including Neuhaus and Jeff de Bruges, while supporting ongoing investments in production capacity and efficiency.
With full control over both brands, Compagnie du Bois Sauvage aims to solidify its leadership in the global chocolate market, leveraging its vertically integrated supply chain to navigate challenges like volatile cocoa prices.
