Cofresco Frischhalteprodukte
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Cofresco Frischhalteprodukte - overview
Established
1996
Location
-, -, Germany
Primary Industry
Retail
About
Cofresco Frischhalteprodukte specializes in innovative food storage solutions that enhance convenience in both household and professional cooking environments, focusing on preserving freshness and facilitating food preparation. Cofresco Frischhalteprodukte, founded in 1996 in Minden, Germany, develops a variety of food preservation products. The company operates under brands such as Toppits®, Albal®, and Bacofoil®, catering to both individual consumers and professional kitchens. Oliver Strelecki serves as the CEO, steering the company's vision towards innovation and market responsiveness.
Cofresco specializes in a diverse range of high-quality products designed to enhance convenience in both household and professional cooking environments. The core offerings include various brands of film, foil, and baking papers, such as Toppits®, Albal®, and Bacofoil®, which are engineered to preserve freshness and flavor while facilitating easy food preparation and storage. Additionally, their garbage disposal solutions are exemplified by their Swirl® and Handybag® brands, known for innovative features like elasticated fastening and tear resistance. These products cater to a wide customer base, including individual consumers, professional kitchens, and bulk buyers across Europe.
Cofresco's product distribution spans multiple European markets, meeting the needs of users looking for reliable and efficient solutions in food service and waste management. Cofresco generated revenue of EUR 1,979,544,267. 30 in 2020, with an EBITDA of EUR 154,056,943. 80.
The company employs a structured sales model encompassing both B2B and direct-to-consumer transactions, with products sold through retail channels, including supermarkets and specialty stores, as well as to professional catering businesses and food service providers. Their flagship products, including those under Toppits® Professional and Wrapmaster® brands, are particularly favored in demanding kitchen environments, indicating a robust client base among professional users. Cofresco is strategizing to launch new products designed to meet evolving consumer needs in food preservation and waste management. The company aims to expand its market presence, particularly targeting Southern and Eastern European regions by the end of 2024.
Recent revenue will be allocated to support product development and regional marketing efforts to establish a stronger foothold in these new markets.
Primary Industry
Retail
Sub Industries
Supermarkets & Grocery Stores
Website
www.cofresco.de
Verticals
Manufacturing
Total Amount Raised
Subscriber access only
Cofresco Frischhalteprodukte - 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) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Trade Sale | Completed | Wrap Film Systems | - |
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