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News
11 jan 2010
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.