Bochum/ Riedstadt - Niggemann Food Frischemarkt, Bochum, a food wholesaler for premium fresh products, has been acquired by Transgourmet Deutschland, Riedstadt. Network Corporate Finance exclusively advised the shareholders of Niggemann on the transaction.
Transaction
The shareholders of Niggemann have sold 100% of their shares to Transgourmet. By acquiring the family-owned company with a clear focus on freshness, Transgourmet is further expanding its customer requirements in terms of freshness and quality, thus strengthening its competence in the B2B business in delivery and pick-up. Niggemann will continue to operate independently and under its own name with unchanged management.
The company
Niggemann is a family business with a history of more than 70 years and an annual turnover of 87 million EUR. With its high-quality fresh product range, Niggemann stands out in particular for its fresh poultry and meat expertise. With 230 employees, Niggemann exclusively serves commercial food and restaurant customers, primarily in delivery. Newly opened in 2010, the flagship C&C store with a sales area of 5,500m² serves both pick-up customers and as a picking area for delivery.
About Network Corporate Finance
Network Corporate Finance, based in Düsseldorf, Germany, is an independent, owner-managed advisory firm focusing on mergers and acquisitions as well as equity and debt financing. Core competencies are the structuring and execution of complex corporate transactions (national and international) such as company sales to strategic investors and financial investors, IPOs or structured corporate financing.