M&A Deal Summary

MVI and VR Equitypartner Acquire European Convenience Food

On June 1, 2014, private equity firms MVI and VR Equitypartner acquired food company European Convenience Food

Acquisition Highlights
  • This is MVI’s 1st and VR Equitypartner’s 2nd transaction in the Food sector.
  • This is MVI’s 1st and VR Equitypartner’s 1st transaction in Sweden.

M&A Deal Summary
Date 2014-06-01
Target European Convenience Food
Sector Food
Buyer(s) MVI
VR Equitypartner
Deal Type Consolidation

Target

European Convenience Food

Garrel, Sweden
European Convenience Food produces and sells meat and vegetarian dishes via specialised wholesalers in the food service convenience market. European Convenience Food was formed in 2014 and is based in Garrel, 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) 2

Buyer

MVI

Investor Investor Investor Investor Investor

Category Private Equity Firm
Founded 1992
Size Small
Type Sector Agnostic
DESCRIPTION

MVI is a growth capital and buyout firm focused on working with companies throughout Scandinavia. MVI does not have any sector preferences and is a 'hands on' investor group when working with portfolio companies. MVI dates back to 1992 and is headquartered in Stockholm.

DEAL STATS #
Overall 1 of 9
Sector (Food) 1 of 2
Type (Consolidation) 1 of 3
Country (Sweden) 1 of 7
Year (2014) 1 of 2
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2014-07-01 SMP Parts

Ilsbo, Sweden

SMP Parts is a manufacturer of tiltrotators and quick couplers with a complete mounting system for excavators. SMP Parts was founded in 1919 and is based in Ilsbo, Sweden.

Buy -
Buyer

VR Equitypartner

Frankfurt, Germany

Investor Investor

Category Private Equity Firm
Founded 1970
PE ASSETS 500M EUR
Size Middle-Market
Type Sector Agnostic
DESCRIPTION

VR Equitypartner is a generalist private equity firm that provides equity and mezzanine financing to companies in Germany, Austria, and Switzerland. VR does not have any sector preferences and targets medium sized business with at least €20 million in revenues. VR seeks stable businesses with strong growth prospects and experienced management. For both equity and mezzanine needs, the Firm looks to invest €1.5 to €15 million per transaction. VR was formed in 1970 and based in Frankfurt.

DEAL STATS #
Overall 19 of 47
Sector (Food) 2 of 2
Type (Consolidation) 1 of 1
Country (Sweden) 1 of 1
Year (2014) 2 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2014-04-01 Piller Entgrattechnik

Ditzingen, Germany

Piller Entgrattechnik is a supplier of professional systems and machinery for industrial parts cleaning. Piller Entgrattechnik was formed in 1995 and is based in Ditzingen, Germany.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2014-11-01 Weisshaar Gruppe

Germany

Weisshaar Gruppe specializes in the manufacture and development of high performance plastic injection molded parts.

Buy -
Mergr

Product

Company

Legal