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Mannheim, 2 November 2017

Insider information publication according to section 17 MAR
Südzucker subsidiary Freiberger acquires Richelieu Foods, a USA-based pizza producer

Mannheim, 2 November 2017
Insider information publication according to section 17 MAR 

Südzucker subsidiary Freiberger acquires Richelieu Foods, a USA-based pizza producer

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Freiberger USA Inc., Morris Plains, a 100 %-owned subsidiary of Südzucker Group, acquires Richelieu Foods Inc, Braintree/Massachusetts, the largest frozen pizza producer for private label in food retailing in the USA from Centerview Capital. The Enterprise Value is USD 435 million.
Richelieu produces with nearly 900 employees frozen and chilled pizza as well as sauces and dressings for the food retailing private label business in the USA. Thereby Richelieu is domiciled in the worldwide largest and fastest growing pizza market. In business year 2016 revenues of USD 325 million were generated. The acquisition is subject to subsequent approval by the U.S. antitrust authorities.
Südzucker AG
Maximilianstraße 10
68165 Mannheim
Financial press
Dr. Dominik Risser
Tel.: +49 621 421-205
Fax: +49 621 421-425
public.relations@suedzucker.de
Investor Relations
Nikolai Baltruschat
Tel.: +49 621 421-240
Fax: +49 621 421-449
Investor.relations@suedzucker.de
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2 November 2017
Südzucker subsidiary Freiberger acquires Richelieu Foods, a USA-based pizza producer
Download (PDF, 41.91 KB)
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Mannheim, 2 November 2017

Insider information publication according to section 17 MAR
Südzucker subsidiary Freiberger acquires Richelieu Foods, a USA-based pizza producer

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