Deal Announcement
goetzpartners conducted the commercial Due Diligence of frostkrone for EMERAM
Funds advised by the private equity firm EMERAM Capital Partners GmbH (“EMERAM”) has reached an agreement to acquire a majority stake in frostkrone Group (“FROSTKRONE”), the European innovation leader in frozen finger food products. The acquisition was made by EMERAM's Private Equity Fund I together with the current CEO, who will further support EMERAM to continue FROSTKRONE's success story in the frozen finger food market. Financial terms of the transaction are not disclosed. Completion of the transaction is subject to customary legal and regulatory approvals.
About Frostkrone
frostkrone Group is the European innovation leader in frozen finger food products offering its broad portfolio to discount, retail and food service customers. Compared to its competitors, FROSTKRONE provides a comprehensive finger food portfolio and is perceived as a valuable R&D and innovation partner supporting its customers to be ahead of the market. Its innovation competency allows FROSTKRONE to quickly adapt to changing customer preferences, shape and address new markets. Since its foundation in 1997, the company experienced steady growth and serves today nearly all German discounters, retailers and international food service customers. Spurred by current market trends, such as mobility and quick preparation, FROSTKRONE will strengthen its leading market position in Europe leveraging especially its international food service portfolio and the Eastern European market.
About EMERAM
Founded 2012 in Munich, EMERAM is a private investment company, which invests € 350m equity capital in its EMERAM Private Equity Fund I. Today its portfolio comprises eight investments in leading small- and medium-sized DACH companies active in attractive (niche) markets. With the aim of becoming the leading equity investment company for SME companies in Germany, Austria and Switzerland, EMERAM not only invests in companies, but also actively supports their further development. EMERAM offers its portfolio companies a high degree of operational experience, strategic know-how and access to an excellent network in the national and international economy.
goetzpartners Team
Georg Hochleitner, Partner
E-MAIL
Dr. Gerrit Schütte, Senior Manager
E-MAIL
Gerrit Daute, Manager
Remigius Erhardt, Associate Consultant
Jill Sprinkmeier, Associate Consultant
Julian Ehlert, Associate Consultant