European Convenience Food GmbH
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European Convenience Food GmbH - overview
Established
2014
Location
-, -, Germany
Primary Industry
Food
About
European Convenience Food GmbH, based in Germany, operates in the convenience food sector, producing frozen meal products tailored for commercial use in restaurants and retail environments. European Convenience Food GmbH specializes in producing frozen convenience food products for the out-of-home market. Founded in 2014 in Germany, the firm has made strides in its operational strategies, focusing on quality-driven solutions. The company is recognized for its innovative offerings and operates from its headquarters in Germany.
The founder's background includes previous experience in the food industry. The firm has successfully completed 2 deals, with the most recent being an acquisition on October 18, 2024, aimed at enhancing its growth trajectory. European Convenience Food GmbH (ECF) specializes in high-quality frozen convenience food products aimed at the out-of-home market. Their offerings include a variety of vegetarian and vegan meals marketed under the brands Vegeta and new leaf, along with a comprehensive range of meat-based products under the Karl Kemper brand.
ECF caters to both the food service sector and retailers, emphasizing quick preparation and convenience. The company supports a diverse customer base, providing its products to restaurants, caterers, and grocery retailers, thereby fulfilling the demand for ready-to-use meals. For the fiscal year 2023, European Convenience Food GmbH reported a revenue of USD 86. 54 mn and an EBITDA of USD 11.
27 mn. The company generates revenue primarily through B2B transactions with food service providers and retailers, engaging in direct partnerships with wholesalers and grocery chains to supply its array of frozen convenience products. In October 2024, LDC SA and the management of European Convenience Food GmbH agreed to acquire a majority stake in the company from MVI Advisors, with the acquisition aimed at supporting the next phase of growth. While specific new products have not been detailed, the firm is expected to leverage this acquisition to enhance its product offerings and expand its market reach.
The company is likely to target both domestic and international markets, although exact regions for expansion have not been disclosed.
Current Investors
VR Equitypartner, MVI Advisors
Primary Industry
Food
Sub Industries
Canned/Frozen Fruit & Vegetables, Meat, Poultry & Seafood Products, Other Food Products
Website
www.ecf-group.com
Verticals
Manufacturing
Company Stage
Mature - Buyout
Total Amount Raised
Subscriber access only
European Convenience Food GmbH - 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 | European Convenience Food GmbH | - | ||||||||
| Add-on, Trade Sale | Completed | Karl Kemper | - | ||||||||
| Buyout | Completed | European Convenience Food GmbH | - |
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