As anticipated in this rumor, IDAK Holding, the parent company of the Swiss-based KADI, a producer of potato and snack specialties and refrigerated and frozen products, controlled by private equity firms Invision and Nord Holding, has acquired the majority of Margherita, an Italian premium pizza manufacturer. The transaction included the acquisition financing and the refinancing of existing indebtedness of IDAK Holding.
Niederer Kraft Frey advised Invision in this transaction. The team was led by partner Manuel Werder (corporate/m&a – pictured) working with partner Markus E. Kronauer (tax), senior associate Roman Sturzenegger (corporate/m&a), senior associate Adrian Koller and junior associate Selim Lötscher (both finance).
Carnelutti Studio Legale Associato and Marco Vismara advised Kadi in this transaction.