Announced
Completed
Financials
Sources
Tags
Domestic
Majority
smart fridges
Switzerland
Private
Completed
Single Bidder
Acquisition
Household Appliance
food technology
Friendly
Synopsis
FELFEL, a provider of employee catering in Switzerland, completed the acquisition of Snäx, a start-up company in the field of smart fridges. Financial terms were not disclosed. "In order to meet the high standards of quality in these complex market conditions, it is essential to achieve critical mass. We have been following the developments of Snäx since its inception and are convinced that the young company is not only an ideal addition for us, but can also be seamlessly integrated into FELFEL. We look forward to this challenge and to welcoming new customers and team members to our family," Anna Grassler FELFEL Co-CEO.
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