Frankfurt — Shearman & Sterling advised frostkrone Group, a portfolio company of Emeram Capital Partners (“EMERAM”), on the financing of its acquisition of Piz’Wich, a specialty manufacturer of on-the-go frozen snack products. Sellers include Piz’wich Management and the French private equity investment company Ardian.
Piz’wich is a manufacturer of white-label frozen snack products for supermarkets, hypermarkets, airline caterers and food service providers. Headquartered in Bulgnéville, France, the company maintains strategic partnerships with largely international players.
EMERAM is an independent Munich-based investment company for German-speaking medium-sized companies. Funds advised by EMERAM provide capital for the further development of companies with a fund volume of €350 million. EMERAM sees itself as a long-term business development partner for companies in the five sectors of consumer goods, retail, industrial goods, services and healthcare. Shearman & Sterling previously advised EMERAM in 2017 on the financing of the acquisition of frostkrone Group.
Advisor frostkrone Group: Shearman & Sterling
Led by partner Winfried M. Carli, photo (Germany-Finance), partner Pierre-Nicolas Ferrand (Paris-Finance), partner Dr. Matthias Weissinger, associate Maria Iorno and transaction specialist Marina Kieweg (all Germany-Finance).
About Shearman & Sterling
Shearman & Sterling is an international law firm with 22 offices in 13 countries and approximately 850 lawyers. In Germany, Shearman & Sterling is represented at the Frankfurt office. The firm is one of the international market leaders in advising on complex cross-border transactions. Worldwide, Shearman & Sterling primarily advises international corporations and large national companies, financial institutions, and large mid-sized companies. For more information, visit www.shearman.com.