IDAK Food Group acquires Romer’s Hausbäckerei AG
Niederer Kraft Frey advised IDAK Food Group, a premium frozen food provider with highest quality standards, on the acquisition of a majority stake in Romer’s Hausbäckerei AG. NKF further advised IDAK Food Group on the financing of the transaction. The transaction was completed in August 2023.
Romer’s Hausbäckerei AG specialises in frozen bakery products and pastries. The company employs around 350 people in Benken SG and Oberburg BE. Together with its distribution partners, it is active throughout Switzerland, has a very strong market position and supplies several thousand hotels and restaurants, bulk buyers and retailers.
The NKF team was led by Corporate/M&A partner Manuel Werder, working with associates Binderiya Gan-Ayush and Naomi Loretz (both Corporate/M&A), partner Adrian Koller and associate Selim Lötscher (both M&A/Finance), partner Thomas Graf (Tax), partner Nicolas Birkhäuser (Antitrust/Competition), senior associate Livia Keller and associate Daniela Lötscher (both Employment), senior associate Oliver Zbinden (Real Estate), counsel Janine Reudt-Demont (Regulatory), and junior associates Niklaus Hatz, Marco Sidler and Tristan Bohn (all Corporate/M&A).