IDAK Acquired by TowerBrook Capital Partners
IDAK Acquired by TowerBrook Capital Partners
Transaction
Overview
Spayne Lindsay & Co. is delighted to announce that it has advised Towerbrook on its acquisition of IDAK, a leading consolidation platform in premium frozen food based in Switzerland and Italy from Invision and Nord Holding.
The IDAK Food Group is a strongly networked group of specialized companies and manufacturers in the premium frozen food sector.
IDAK is active in three business segments: potato products & snacks (KADI), pizza & snacks (Margherita) and Bakery & snacks (Romer’s).
The platform has best-in-class manufacturing capabilities in Switzerland and Italy with a distinct focus on superior product quality, innovation and long-standing relationships with blue-chip customers in the foodservice, retail and bake-off channels.
It is growing rapidly, both organically and through strategic acquisitions in Switzerland and abroad, even in a challenging economic environment, and is extremely successful in the market. The company sees further potential for selective acquisitions in Europe in order to expand existing business areas or develop additional ones.
Our deep industry knowledge, global perspective and strong relationships make us a trusted advisor to leading consumer companies and investors
