Niederer Kraft Frey advised Invision, Nord Holding and LGT on the sale of a majority stake in IDAK Food Group to TowerBrook Capital Partners, a London and New York-based investment company.

The management team around IDAK Food Group CEO Christof Lehmann will retain a broad-based minority stake in the company. NKF also advised the management on its re-investment into the IDAK Food Group.

The IDAK Food Group, currently owned by the financial investors Invision in Zug, Nord Holding in Hannover, LGT and the management, is a strongly networked group of specialised companies and manufacturers in the premium frozen food sector.

The closing is subject to regulatory approval.

The NKF team was led by Corporate/M&A partner Manuel Werder, working with associates Binderiya Gan-Ayush, Naomi Loretz and Melchior Ebener, and junior associates Marco Sidler, Janika Leuzinger and Camille Stucker (all Corporate/M&A), partners Janine Reudt-Demont (Regulatory and Data Protection) and Nicolas Birkhäuser (Antitrust and Competition), senior associate Oliver Zbinden (Real Estate), associates Daniela Lötscher and Sabrina Gysi (both Employment), associate Jonathan Felber (IT and Data Protection), as well as partner Daniela Schmucki (Tax).


 

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