MCH Private Equity has completed a single-asset continuation vehicle to extend its backing of Europastry, a premium frozen baked goods company. The transaction was led by Ares Secondaries, affiliates of Ares Management Corporation, providing additional capital to support the company's growth trajectory.

Founded in 1987 by the Gallés family, Europastry operates from its Barcelona headquarters across more than 80 countries. The company has grown significantly since MCH's initial investment, expanding from a Spain-centric business to one of the world's leading frozen dough producers. Its portfolio includes over 4,900 unique frozen baked products.

Europastry's annual revenues have increased five-fold from €350 million to over €1.6 billion as of year-end 2025. The company benefits from 30 owned production facilities and has established itself among the preeminent players in the frozen baked goods market through loyal customer relationships, strategic acquisitions, and market trend adaptation.