M&A Deal Summary

Finatem Acquires Food & Service Group

On November 1, 2019, private equity firm Finatem acquired food company Food & Service Group from Borromin Capital Management

Acquisition Highlights
  • This is Finatem’s 1st transaction in the Food sector.
  • This is Finatem’s 18th transaction in Germany.

M&A Deal Summary
Date 2019-11-01
Target Food & Service Group
Sector Food
Buyer(s) Finatem
Sellers(s) Borromin Capital Management
Deal Type Secondary Buyout

Target

Food & Service Group

Muelheim an der Ruhr, Germany
Food & Service Group is a manufacturer of meat products (primarily sausages) and a wholesale distributor of items for the food industry. The business operates its own logistics fleet specializing in just-in-time delivery to small restaurants and wholesalers, mainly in NRW. Food & Service Group offers a product range of approximately 4,000 food and non-food products, comprising own and third-party brands as well as private-label goods. Food & Service Group was formed in 1965 and is based in Mülheim ad Ruhr, Germany.

Search 201,429 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try For Free 7-Day Free Trial

Buyer(S) 1

Buyer

Finatem

Bad Homburg, Germany

Investor Investor

Category Private Equity Firm
Founded 2000
PE ASSETS 250M EUR
Size Middle-Market
Type Sector Agnostic
DESCRIPTION

Finatem Beteiligungsgesellschaft GmbH is a private equity firm that focuses on acquiring small and mid-sized businesses in German-speaking countries, primarily in Germany, Austria, and Switzerland. The Firm targets growth potential companies with positive cash flows and strong market positions led by an experienced management team. It looks to invest in small medium-sized companies with annual sales between €10 million and €50 million and an EBITDA between €2 million and €6 million. Specific areas of interest include business services, consumer products, industrial engineering, and manufacturing. The Firm will consider a variety of transactions including succession planning; MBOs, MBIs, OBOs, spin-off, growth capital, add-on buy and buy- build transactions. Finatem was formed in 2000 and is based in Bad Homburg, Germany.

DEAL STATS #
Overall 20 of 20
Sector (Food) 1 of 1
Type (Secondary Buyout) 2 of 2
Country (Germany) 18 of 18
Year (2019) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2018-11-09 Schollenberger Kampfmittelbergung

Celle, Germany

Schollenberger Kampfmittelbergung GmbH is a provider of demolition work/building site clearance, construction excavation monitoring, computer-assisted evaluation and cartography, disposal, ground filtration, etc.

Sell -

Seller(S) 1

SELLER

Borromin Capital Management

Frankfurt am Main, Germany

Investor Investor

Category Private Equity Firm
Founded 2001
PE ASSETS 626M EUR
Size Middle-Market
Type Sector Agnostic
DESCRIPTION

Borromin Capital Management GmbH is a private equity firm specializing in management buyouts, spin-offs of mid-sized companies located throughout German-speaking Europe. Borromin Capital Management GmbH focuses on cash-flow positive companies with proven business models and strong market positions. Borromin Capital Management GmbH will not invest in turnaround situations. Borromin Capital Management GmbH was formerly known as BHF Private Equity GmbH. Borromin Capital Management GmbH was formed in 2001 and is based in Frankfurt.

DEAL STATS #
Overall 9 of 12
Sector (Food) 2 of 2
Type (Secondary Buyout) 5 of 8
Country (Germany) 8 of 10
Year (2019) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2019-08-13 WATR Group

Bad Bentheim, Germany

WATR Group is a groundwater management and (ground-)water purification company encompassing dewatering and groundwater management services, mobile water purification, temporary pump installations, and related ground protection products. It operates Koop, Clausen, Ko-Mats, Buitenkamp, and BC-Envirotec. WATR Group was formed in 1969 and is based in Bad Bentheim, Germany.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2020-04-01 Spencer Italia

Sala Baganza, Italy

Spencer Italia is a manufacturer and supplier of medical emergency devices/systems. The company operates in more than 120 countries and offers approximately 1,700 products, including transportation systems, immobilization, resuscitation, suction, and oxygen therapy products, as well as emergency bags and diagnostic equipment. Spencer Italia was formed in 1989 and is based in Sala Baganza, Italy.

Buy -
Mergr

Product

Company

Legal