Fruitwork Group
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Fruitwork Group - overview
Established
1999
Location
Hamburg, -, Germany
Primary Industry
Food
About
Fruitwork Group is a specialized supplier engaged in the sourcing, processing, and distribution of nuts and dried fruits, catering to diverse markets throughout Europe and beyond. Founded in 1999 in Hamburg, Germany, Fruitwork Group has established itself as an important player in the nut and dried fruit sector. The company began as a specialized supplier and has maintained its focus on this niche. In March 2016, Capiton sold its investment in the company to the management team and remaining shareholders.
Information about the founder is not available. Fruitwork Group, through its brand Nutwork Handelsgesellschaft mbH, specializes in the sourcing, processing, and distribution of a wide variety of nuts and dried fruits. The company offers both conventional and organic products, which include whole nuts, nut kernels, seeds, and dried fruits, ensuring high quality and safety standards throughout the supply chain. Nutwork serves a diverse clientele including retailers, wholesalers, and food manufacturers across Europe.
In the most recent financial year, 2023, Fruitwork Group reported a revenue of USD 199. 44 mn and an EBITDA of USD 6. 31 mn. The revenue model is centered around B2B transactions, primarily involving the wholesale purchase of bulk quantities, which are integral to consumer snacks and commercial food processing.
While specific upcoming products and their release dates are not detailed, Fruitwork Group is strategically looking to expand into new markets within Europe. The firm intends to utilize the proceeds from the most recent investment to enhance its operational capabilities and support its market expansion plans. The last funding round occurred on March 2, 2016, facilitating a transition to management ownership.
Primary Industry
Food
Sub Industries
Canned/Frozen Fruit & Vegetables, Food & Beverage Distribution
Website
www.fruitwork.de
Total Amount Raised
Subscriber access only
Fruitwork Group - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Sale to Management | Completed | Fruitwork Group | - | ||||||||
| Buyout | Completed | Fruitwork Group | - |
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