ALTERNATIVE FINANCING FORMS
FOR ENTREPRENEURS AND INVESTORS
News

Shearman & Sterling advises frostkrone on financing of Rite Stuff Foods acquisition

Cate­gory: Private Equity
18. Febru­ary 2019

Munich, Germany — EMERAM’s port­fo­lio company frost­krone Tief­kühl­kost GmbH (frost­krone) Rite Stuff Foods, Inc. (Rite Stuff Foods), a U.S. potato snack company. Shear­man & Ster­ling advi­sed frost­krone Frozen Foods on the finan­cing of the add-on acqui­si­tion of Rite Stuff Foods, Inc. advise

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 EUR 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.

Rite Stuff Foods was foun­ded in 1989 by Thomas J. Madden and is now one of the most important U.S. manu­fac­tu­r­ers of specialty pota­toes, employ­ing more than 230 people. Rite Stuff Foods is head­quar­te­red in Jerome, Idaho, and serves the grocery, food service and various restau­rant markets.

Advi­sor frost­krone Frozen Food: Shear­man & Sterling
The Shear­man & Ster­ling team, led by part­ner Winfried M. Carli, included Of Coun­sel Steven Sher­man, asso­cia­tes Andreas Breu and Magnus Wies­lan­der, and Legal Assistant Constanze Herrle.
Shear­man & Ster­ling advi­sed EMERAM, among others, on the finan­cing of the acqui­si­tion of frost­krone Group and on the finan­cing of frostkrone’s add-on acqui­si­tion of French snack and finger food manu­fac­tu­rer Piz’wich.

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.

Subscribe newsletter

Here you can read about the latest transactions, IPOs, private equity deals and venture capital investments, who has raised a new fund, how Buy & Build activities are going.

Get in touch

Contact us!
fyb [at] fyb.de