Shearman & Sterling advised funds managed by EMERAM Capital Partners GmbH on the financing of the acquisition of frostkrone Group, a European innovation leader in the deep-frozen finger food market.

EMERAM, based in Munich, is an independent private equity firm for mid-cap companies in the German-speaking area. The equity for this transaction was provided by funds advised by EMERAM Capital Partners to drive the development of companies, drawing upon a fund volume of €350 million. EMERAM focuses on long-term business development partnerships in five industry sectors: consumer goods, retail, industrial goods, business services and healthcare.

Frostkrone is a leading European provider of trend-oriented convenient frozen food with a broad range of deep-frozen finger food and snack products. The company was founded in Rietberg, Germany in 1997 and sells frostkrone as well as private labelled products to discounters, food retailers and quick service restaurants.

The Team