Press & News
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.
The Frostkrone Food Group is a global market leader for frozen finger food, street food and snack products. It sells its diverse, innovative products in food retail outlets and in the food service sector in over 50 countries. Established in 1997, Frostkrone has gone on to become a global player with over 750 employees at six production sites in Germany, France, the UK and the USA.
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.
EMERAM Capital Partners is a leading equity investment company for SMEs in German-speaking countries. As a business development partner, we foster the long-term growth of our portfolio companies with capital and expertise.
The funds advised by EMERAM invest in the consumer, technology/software and service sectors. Their total volume currently stands at EUR 400 million. In general, the funds acquire a significant stake in the company and give the respective management team an opportunity to invest, too.