Romer's Holding Completes Strategic Acquisition of Kern & Sammet
Deal News | Feb 05, 2025 | Legal Community Swiss
Romer's Holding, the parent company of Romer’s Hausbäckerei and part of Idak Food Group, has acquired fellow Swiss frozen baked goods company Kern & Sammet. Romer's Hausbäckerei, with over 380 employees and headquarters in Benken, works with various distribution partners across Switzerland, supplying markets such as hotels and retail shops. The acquisition was advised by Niederer Kraft Frey (NKF), with partner Manuel Werder leading the team that included other specialists from corporate/M&A, competition, real estate, and employment sectors.
Sectors
- Frozen Food Manufacturing
- Legal Services
Geography
- Switzerland – Both companies involved, Romer's Hausbäckerei and Kern & Sammet, are based in Switzerland, with operations spread across the country.
Industry
- Frozen Food Manufacturing – This industry involves companies producing frozen food products, as seen with Romer's Hausbäckerei and Kern & Sammet, both specializing in frozen bakery goods.
- Legal Services – Involves law firms providing legal advice on corporate transactions, exemplified by NKF's advisory role in the acquisition.
Financials
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Romer's Holding | Buyer | Company | Parent company of Romer's Hausbäckerei, involved in the acquisition of Kern & Sammet. |
| Kern & Sammet | Target | Company | Swiss company specializing in frozen bakery and pastry products, acquired by Romer's Holding. |
| Niederer Kraft Frey (NKF) | Legal Advisor | Company | Law firm providing legal advisory services to Romer's Holding in the acquisition. |
| Idak Food Group | Parent Company | Company | Romer's Holding is a group company of Idak Food Group. |