Niggemann Food Frischemarkt, Bochum, a food wholesaler of fresh premium products, has been sold to Transgourmet Deutschland, Riedstadt. Network Corporate Finance has exclusively advised the shareholders of Niggemann in connection with this transaction.

Transaction

The shareholders of Niggemann have sold 100% of their shares to Transgourmet. By acquiring the family business which has a strong focus on fresh food, Transgourmet is further strengthening its competence in freshness and product quality, as well as in B2B delivery and cash & carry. Niggemann will continue to operate independently and under its own brand and unchanged management.

Company

Niggemann is a family business with a history spanning more than 70 years and annual sales of 87 mEUR. With its high-quality range of fresh food, Niggemann is particularly known for its fresh-poultry and meat expertise. With its 230 employees Niggemann exclusively supplies commercial food and catering customers primarily through delivery. The new C&C flagship store – opened in 2010 – with a sales area of 5,500m² serves both the cash & carry customers and as picking area for delivery and sets new standards in product presentation and customer communication.

For additional information on NIGGEMANN: www.niggemann-food-frischemarkt.de

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