Shearman & Sterling advised Frostkrone Food Group on the deal.
Frostkrone Food Group, a portfolio company of EMERAM Capital Partners completed the acquisition of Abergavenny Foods Ltd, a U.K. based food service company.
EMERAM is one of the leading investment companies for medium-sized companies in the DACH region. Funds advised by EMERAM currently provide 400 million euros of capital for the development of companies. The portfolio includes companies from the consumer, technology/software and services sectors.
With the acquisition of Abergavenny Frostkrone strengthens its international presence and expands its product range. Abergavenny is seen as a market leader in the U.K. retail and food service sectors. In the free-from segment, which is currently in high demand, Abergavenny has a wide product range of vegan, gluten-free or lactose-free products. Their customers include well-known global food and food service brands, inter alia in Australia, Japan and USA.
Shearman & Sterling advised Frostkrone on the financing of the acquisition with a team including Winfried M. Carli (Picture), Korey Fevzi, Michael Steinberg, Pierre-Nicolas Ferrand, Sven Oppermann, Andreas Breu, Patrick Clarke, Magnus Wieslander and Mariam Sadqi.
Involved fees earner: Andreas Breu – Shearman & Sterling; Winfried Carli – Shearman & Sterling; Patrick Clarke – Shearman & Sterling; Pierre-Nicolas Ferrand – Shearman & Sterling; Korey Fevzi – Shearman & Sterling; Sven Oppermann – Shearman & Sterling; Mariam Sadqi – Shearman & Sterling; Michael Steinberg – Shearman & Sterling; Magnus Wieslander – Shearman & Sterling;
Law Firms: Shearman & Sterling;
Clients: frostkrone Tiefkühlkost GmbH;