1. Home >
  2. M&A >
  3. Buyout (LBO, MBO, MBI) >
  4. Germany >
  5. Haspa BGM Acquires Agrarfrost

M&A Deal Summary

Haspa BGM Acquires Agrarfrost

On January 1, 2011, corporate investor Haspa BGM acquired food company Agrarfrost

Acquisition Highlights
  • This is Haspa BGM’s 1st transaction in the Food sector.
  • This is Haspa BGM’s 2nd transaction in Germany.

M&A Deal Summary
Date 2011-01-01
Target Agrarfrost
Sector Food
Buyer(s) Haspa BGM
Deal Type Buyout (LBO, MBO, MBI)

Target

Agrarfrost

Wildeshausen, Germany
Agrarfrost is a potato processor. Its product range includes frozen potato products (French fries, potato wedges, croquettes, potato pancakes, hash browns, etc.) and potato snacks (chips, potato sticks, etc.), as well as potato flakes (dry goods). Its main customers are fast-food companies such as McDonald's and Kentucky Fried Chicken, as well as leading European food retailers. Agrarfrost was founded in 1967 and is based in Wildeshausen, Germany.

Search 214,238 Deals Now

SEARCH BY

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

Try Free

Buyer(S) 1

Buyer

Haspa BGM

Investor Investor Investor Investor Investor

Category Corporate Investor
Founded 1998
PE ASSETS 200M EUR
Size Small
Type Sector Agnostic
DESCRIPTION

Haspa BGM is the direct investment arm of Hamburger Sparkasse AG, a large German savings bank. Haspa BGM is sector agnostic and looks to make long-term investments in medium-sized companies operating throughout Northern Germany. Haspa BGM is based in Hamburg.

DEAL STATS #
Overall 2 of 16
Sector: Food M&A 1 of 1
Type: Buyout (LBO, MBO, MBI) M&A Deals 2 of 12
Country: Germany M&A 2 of 15
Year: 2011 M&A 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2011-01-01 novomind

Hamburg, Germany

novomind has been developing intelligent, globally deployable omnichannel commerce and customer service software. Its portfolio includes standardized solutions for commerce companies and contact centers and includes the products novomind IPIM, novomind iSHOP, novomind iMARKET, and novomind iAGENT. The use of artificial intelligence (Al) is part of the service portfolio, as are the advantages of an international partner network. novomind was founded in 1999 and is based in Hamburg, Germany.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2014-04-25 Schaltex Systems

Hamburg, Germany

Systems GmbH, a well-established Schenefeld, Germany based high-mix, low-volume electronics manufacturing services company.

Sell -
Mergr

Solution for

Product

Company

Legal