Materne is the second largest producer of jams in France and has a 50% market share in the ambient fruit compote segment in the French market. Products are primarily sold under the Materne, Pom’Potes and Confipote brands. During the investment period, the senior management team was rebuilt, led by a new CEO. Several new products were launched focusing on “healthy” no sugar added products. Numerous initiatives were undertaken to reduce packaging costs and increase profitability. The business was sold to Activa Capital in late 2006.