IMAP Germany advised the shareholders of the food wholesaler PROHOGA on the sale of a majority stake to Rieker Investment GmbH. The previous owners will keep a minority stake and remain as advisors in the company.
PROHOGA Group is a successful food wholesaler and service company with a focus on hotels and restaurants in Southwestern Germany. PROHOGA operates two Cash & Carry stores as well as its own delivery fleet and employs approx. 200 people.
Rieker Investment GmbH is owned by the Rieker family, well-known for the shoe brand of the same name. Rieker Investment focuses on long-term investments in mid-sized companies in a variety of industries.
The shareholders of PROHOGA were exclusively advised by IMAP Germany.
Unternehmerforum am 05. November 2019 in Frankfurt am Main
EVAGO Group, one of the world's leading companies in the field of temporary infrastructure, has been acquired by private equity investor KKA Partners.
IMAP closed 140 M&A deals worth more than $5.2bn in the first three quarters of 2019. Consistent with IMAP’s track record, 29% of the deals were cross-border.
