frostkrone Tiefkühlkost GmbH’s acquisition of Rite Stuff Foods, Inc.


Shearman & Sterling advised EMERAM’s portfolio company frostkrone Tiefkühlkost GmbH on the financing of the acquisition of Rite Stuff Foods, Inc., a U.S.-based potato snacks producer.

frostkrone Tiefkühlkost GmbH (“frostkrone“), a portfolio company of private equity firm EMERAM Capital Partners (“EMERAM“) and one of Europe’s leading manufacturers of frozen convenience food, has acquired the American company Rite Stuff Foods, Inc. (“Rite Stuff Foods“), which specializes in the production of potato snacks.

Following the acquisitions of the French snack and finger food manufacturers Piz wich and Varenne Gastronomie last year, frostkrone is once again expanding its product range and strengthening its international presence.

Rite Stuff Foods was founded in 1989 by Thomas J. Madden and is today one of the most important U.S. producers of potato specialties with more than 230 employees. The company is headquartered in Jerome, Idaho, and serves the food retail industry, the food service sector and various restaurants.

Shearman & Sterling advised EMERAM’s portfolio company frostkrone Tiefkühlkost GmbH on the financing of the acquisition with a team including Winfried M. Carli (Picture), Steven Sherman, Andreas Breu and Magnus Wieslander.

Involved fees earner: Andreas Breu – Shearman & Sterling; Winfried Carli – Shearman & Sterling; Steven Sherman – Shearman & Sterling; Magnus Wieslander – Shearman & Sterling;

Law Firms: Shearman & Sterling;

Clients: frostkrone Tiefkühlkost GmbH;