IDAK Food Group AG sells KADI AG to Invision

Niederer Kraft Frey advised IDAK Food Group AG, a pan-European company specialising in premium frozen foods and based in Switzerland, on the sale of KADI AG to INVISION VII, a fund advised by Invision AG, who is acquiring a majority stake in KADI AG. LGT Capital Partners and SAGA Private Equity are participating as co-investors; the management team led by CEO Yvonne Richard remains on board unchanged and is also investing in the company.

Founded in 1951 and headquartered in Langenthal, KADI AG is the recognized Swiss specialist for French fries, potato specialities and snacks. Around 190 employees produce some 270 products, which are used every day in more than 12,000 restaurants across Switzerland and are also sold through Swiss retail.

The NKF team was led by Corporate/M&A partner Manuel Werder, working with associates Naomi Loretz, Nadine Wanner, Alexandra Neuenschwander, junior associates Julius Agosti, Nicolas Keil and Lukas Schai (all Corporate/M&A), partner Janine Reudt-Demont (Regulatory) and partner Nicolas Birkhäuser (Competition).