frostkrone acquires Piz’Wich, a manufacturer of frozen snack products
frostkrone Tiefkühlkost GmbH (“frostkrone”), a portfolio company of EMERAM Capital Partners and one of Europe’s leading manufacturers of frozen convenience food, acquires Piz’Wich, a specialist manufacturer of on-the-go frozen snack products.
As a subsidiary of frostkrone, Piz’Wich will continue its international expansion alongside frostkrone and focus on further expanding its current market position in the niche, high-growth segment.
Frédéric Dervieux, CEO of frostkrone, said: “With the acquisition of Piz’Wich, frostkrone will be even better positioned for a successful future. Together with Piz’Wich, we will be able to recognize trends even faster and implement them in a snack-friendly way as we further expand our position as an innovative pioneer.”
Dr. Christian Näther, Managing Director of EMERAM Capital Partners, said: “Piz’Wich’s unique and highly innovative products are a perfect addition to frostkrone’s comprehensive frozen snack portfolio enabling the two companies to address new customer needs. Additionally, frostkrone’s vast customer network will help Piz’Wich to penetrate the international markets even faster.”
frostkrone Tiefkühlkost is a specialist in the development and production of deep-frozen finger food and snack products. The company was acquired by EMERAM in March 2017. Piz’Wich was founded in 2001 and has enjoyed continued growth in and quickly evolving and expanding market. Under the direction of Stéphane Delahaye, Piz’Wich successfully adapted its business model to focus on on-the-go frozen snack products.
About frostkrone Tiefkühlkost GmbH
frostkrone is a specialist in the development and production of frozen finger food and snack products. Since its foundation in 1997, the company has become an innovative trendsetter in the field of frozen convenience food. frostkrone has a highly diversified product portfolio based on cheese, fish, vegetables, and meat, and sells its products in food retail outlets, in the food service sector, and online.
Further information is available at https://frostkrone.de/en/finger-food-stars/
Created in 2001 and taken over by Stéphane Delahaye in 2011, Piz’Wich is a manufacturer of frozen snack products targeting wholesale and food retail, gastronomy, catering services, and airlines. The company, located in Bulgnéville near Nancy in France and managed by Stéphane Delahaye, established strategic partnerships with largely international players. http://www.ecare.be/
About EMERAM Capital Partners
EMERAM Capital Partners is an independent private equity firm for mid-cap companies in the German-speaking area. Funds advised by EMERAM Capital Partners provide capital to drive the development of companies, drawing upon a fund volume of EUR 350m. Its team of experienced investment professionals currently oversees nine portfolio companies: Boards & More, BENCH International, Hussel, Matrix42, diva-e Digital Value Enterprise, Xovis, Drahtzug Stein Group, frostkrone Tiefkühlkost and Meona Group.
EMERAM Capital Partners regards itself as a long-term business development partner for companies in five industry sectors: consumer goods, retail, industrial goods, business services and healthcare. The six founding partners combine in-depth market knowledge with operational experience in these sectors. Together, the team has successfully closed over 50 transactions and supported the development of portfolio companies by serving on over 50 advisory boards and supervisory boards. EMERAM Capital Partners was founded as an independent partnership in Munich in 2012.