Announced
Synopsis
NPM Capital, an investment company, agreed to acquire a majority stake in Elbfrost, a German-based food distributor and logistics service provider, from Bencis, an independent investment company. Financial terms were not disclosed. “NPM Capital, with its strong entrepreneurial background, is an excellent fit for the Mittelstand in the German-speaking region, where values such as trust, responsibility, and acting at eye level play a central role. In line with these values, we also want to support Elbfrost in scaling its business. With its optimized product portfolio, efficient operations, and broad customer base, the company is optimally positioned to seize the growth opportunities in the German foodservice sector. We want to expand the team further and are already working on the next transactions,” Alexis Milkovic, NPM Capital Partner and Countryhead.
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