Exit Fruitwork Gruppe
Sale of capiton shares to majority shareholders
Industry: Supplier of dried fruit and nuts
Investment opportunity: capiton has sold its shares in the fruitwork group to the management team and remaining shareholders
With a turnover of more than €100 million, fruitwork group is one of Germany’s largest suppliers of dried fruit and nuts, making it the solution provider of choice for almost all food retailers in Germany and neighbouring countries.
During capiton’s investment period, the company has focused its strategy on supplying retailers with nuts and dried fruit and expanding its customer and product base. The management team has been strengthened for future challenges, and the necessary financial controlling and reporting systems expanded. This resulted in an increase in turnover from around €40 million to more than €100 million. Today, the company is one of the key suppliers in its sector.
The parties have agreed not to disclose further details of the transaction.
Further information on the group is available online at www.nutwork.de.