
GERMANY - Argantis backs MBO of Frostkrone
Argantis GmbH has backed a management buyout of frozen food producer Frostkrone Engel-Food Tiefkühlkost GmbH in Rietberg, and Frostkrone Tiefkühlkost Produktions- und Vertriebsgesellschaft mbH in Wildeshausen. The existing managing partners will retain a minority stake, with Argantis assuming majority ownership. The purchase price was not disclosed.
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