FSN Capital, a private equity investment firm, agreed to invest in Bäcker Görtz, a producer and retailer for both at-home and out-of-home food. Financial terms were not disclosed. “Peter and Frank Görtz have built one of the most efficient, modern and profitable integrated bakery chains in Germany. We look forward to supporting the two founder CEOs in growing their business organically and through M&A – and bringing the Görtz system into further regions in Germany. Eating out-of-home is a consumer macrotrend that will drive market growth for many years to come, and Bäcker Görtz is well-positioned to serve this need," Robin Mürer, FSN Capital Co-Managing Partner.