Equistone's Group of Butchers buys Gmyrek

The GP drew fresh capital from Equistone Partners Europe Fund V to finance the transaction, Unquote understands.

The acquisition follows the bolt-on of Hartmann in October, another German meat producer based in Warendorf-Milte.

Unquote understands that the deal has been signed but has not yet completed.

Company
Gmyrek was founded in 1904 by Karl Gmyrek and is a butcher headquartered in Gifhorn. It is now owned and run by the fourth generation of the Gmyrek family, Stephan and Christoph, who took over in 2000. The company reported sales of €90m last year.

People
Gmyrek – Christoph Gmyrek (CEO).

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• Topics
• Expansion
• DACH
• Consumer
• Germany
• Equistone Partners Europe
• Build-up