Baar-Zug, 12 December 2013
Partners Group to acquire Hofmann Menü Manufaktur, a leading German provider of customized cook and freeze solutions
Partners Group, the global private markets manager, announces that on behalf of its clients it will invest into a buyout of Hofmann Menü Manufaktur (“Hofmann Menü”), a leading German provider of customized cook and freeze products to small business canteens and social organizations such as retirement homes, hospitals and schools, together with the management of Hofmann Menü. Hofmann Menü also offers its customers the complete range of services such as catering, nutritional consulting and quality management and is ideally positioned to take advantage of certain secular trends such as an aging population and the ever-increasing trend towards outsourced catering. The transaction is subject to approval by the respective antitrust authorities.
Hofmann Menü employs approximately 1’000 staff and operates three production sites as well as seven distribution and logistics centers (six in Germany and one in Austria) to serve its clients. The existing management team has built a resilient business with a well-diversified client base of more than 10’000 customers and industry-leading quality standards. Based on its strong brand and recognition for premium quality products and services, Hofmann Menü is ideally positioned to increase its total share in the expanding market for social organizations.
Dr. Jürgen Diegruber, Partner in Partners Group’s private equity team and Head of Partners Group’s Munich office, comments: “We are very excited to invest into this high-potential company for our clients and look forward to working with the existing management team, which has a successful track record spanning more than 10 years. Hofmann Menü enjoys strong brand recognition and loyalty across its global customer base. Our significant sector experience will allow us to support the company’s growth strategy while we leverage our global network to identify potential new clients and assist Hofmann Menü in its envisaged national and international expansion.”
Johannes Ulrich, CEO of Hofmann Menü, adds: “Partners Group was the obvious fit for us and we are very pleased to be collaborating with its excellent team in this next step in our growth strategy. We believe that their expertise, entrepreneurial spirit and global presence will play an important role in the further development of our business.”