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Announced

Completed

Transgourmet completed the acquisition of Riedhart Handels.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Cross Border

catering wholesaler

Single Bidder

Austria

Private

Completed

Catering

Friendly

Majority

Acquisition

Synopsis

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Transgourmet, a wholesale supplies company, completed the acquisition of Riedhart Handels, a catering wholesaler. Financial terms were not disclosed. "Riedhart remains an independent company, continues to serve its customers with its own fleet, but benefits from the know-how that we contribute and the synergies created through the cooperation An absolute win-win solution – thanks to the merger, Transgourmet can expand the product range and the delivery area and thus improve what is on offer for customers. In the long term, new jobs can be created in the region. “The management team and employees are perfectly attuned to one another and know the market like the back of their hand. We warmly welcome you to the Transgourmet family,” Thomas Panholzer and Manfred Hayböck, Transgourmet Managing Directors.

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