SME-investor Halder has acquired Wback GmbH, Bönen, through a management buy-out. Network Corporate Finance exclusively advised the shareholders in connection with the transaction.

Transaction

SME-investor Halder has acquired a majority stake in Wback GmbH, Bönen, through a management buy-out. The transaction completes management and ownership succession for the firm’s founders. The new shareholder structure goes along with substantial investments in the expansion of the company´s production capacity and the handover of executive management to members of the wider management board. Wback founder Peter Wendeln remains a shareholder and will support the company’s expansion plans.

Company

The company With production facilities at the company´s head office in Bönen (North Rhine-Westphalia) and in Leipheim (Bavaria), Wback GmbH is one of the leading industrial bakeries in Western Europe. More than two million hamburger buns and rolls leave Europe´s most modern industrial bakery plants daily. Both facilities are fully automated and run in continuous operation from the delivery of raw materials to the packaging of finished goods. With its clients in the segments fast food / restaurant chains, industry, food retail and foodservice Wback expects sales of more than EURm 40 in 2013.

For additional information on Wback GmbH:
www.wback.de