M&A Deal Summary

Frostkrone Food Group Acquires Rite Stuff Foods

On February 15, 2019, Frostkrone Food Group acquired food company Rite Stuff Foods

Acquisition Highlights
  • This is Frostkrone Food Group’s 2nd transaction in the Food sector.
  • This is Frostkrone Food Group’s 1st transaction in the United States.
  • This is Frostkrone Food Group’s 1st transaction in Idaho.

M&A Deal Summary
Date 2019-02-15
Target Rite Stuff Foods
Sector Food
Buyer(s) Frostkrone Food Group
Deal Type Add-on Acquisition

Target

Rite Stuff Foods

Jerome, Idaho, United States
Rite Stuff Foods, Inc. is a producer of baked and stuffed potatoes, stuffed potato boats and potato wedges in various flavors as well as potato pancakes, potato rolls, and potato hearts. The products are available in the food retail industry, the food service sector, and restaurants. Rite Stuff Foods was founded in 1989 and is based in Jerome, Idaho.

Search 200,500 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

Frostkrone Food Group

Rietberg, Germany
Category Company
Founded 1997
Sector Food
Employees125
Revenue 30M EUR (2014)
DESCRIPTION

Frostkrone Food Group is a specialist in the development and production of deep-frozen finger food and snack products. Frostkrone Food Group has a highly diverse product portfolio based on cheese, fish, vegetables, and meat, and sells its products in food retail outlets and in the foodservice sector. Frostkrone Food Group was founded in 1997 and is based in Rietberg, Germany.

DEAL STATS #
Overall 2 of 4
Sector (Food) 2 of 4
Type (Add-on Acquisition) 1 of 3
State (Idaho) 1 of 1
Country (United States) 1 of 1
Year (2019) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2018-04-25 Piz Wich Europe SAS

Bulgnéville, France

Piz'Wich Europe SAS is a manufacturer of white-label frozen snack products targeting supermarkets and hypermarkets, airline caterers and food service providers. The company, located in Bulgnéville near Nancy and managed by Stéphane Delahaye, established strategic partnerships with largely international players.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2020-02-24 Innovate Foods

Kirkcaldy, United Kingdom

Innovate Foods Ltd. is a developer and producer of deep-frozen finger food for the wholesale trade, for retailers and for the foodservice sector. Innovate Foods was established in 1989 and is based in Kirkcaldy, United Kingdom.

Buy -
Mergr

Product

Company

Legal