News

 

11 jan 2010

Royal Wessanen sells Righi S.r.l.

immagine Royal Wessanen sells Righi S.r.l.

Royal Wessanen, assisted by the Italian and German teams of M&A International Inc., sold Righi and Karl Kemper.

Royal Wessanen NV is a multinational food corporation based in the Netherlands and listed on the Amsterdam Euronext. 
The Royal Wessanen Companies are active in sourcing, producing, marketing and distributing high-quality organic, natural and specialty food products in North America and Europe.

In May 2009 Royal Wessanen requested the assistance of Arietti & Partners, the Italian team of M&A International Inc., to assist them in the disposal of Righi S.r.l, based in Reggio Emilia.

Righi S.r.l. is specialized in the production of oven-ready frozen products, particularly those typical of the Emilian traditional cuisine such as savoury pies, snacks, etc. 

Arietti & Partners conducted the disposal process and, in December 2009, sold the company to a team of Righi managers backed by external investors. 

Righi S.r.l. disposal process follows the sale of a Wessanen subsidiary in Germany (Karl Kemper), advised by Angermann - the German team of M&A International Inc. The Italian and the German team of M&A International Inc. were introduced to Royal Wessanen by Holland Corporate Finance - the Dutch team of M&A International Inc. and closed both deals in about six months.