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New Deal


Announced

Completed

IDAK Food completed the acquisition of a majority stake in Romer's Hausbäckerei.

Financials

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

Sources

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Tags

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Switzerland

Acquisition

Private

Completed

Single Bidder

frozen bakery

Food Products

Domestic

Majority

Friendly

Synopsis

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IDAK Food, a company that owns independent and established companies in the field of food production, completed the acquisition of a majority stake in Romer's Hausbäckerei, a manufacturer of frozen bakery and pastry products. Financial terms were not disclosed. IDAK Food Group is a successful, market-oriented holding company which owns independent and established companies in the field of food production. With their products and services, all the portfolio companies are positioned in the premium sector and chiefly focus on frozen foods.

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