Deal details

Flügel Großküchentechnik GmbH / CHEFS CULINAR GmbH & Co. KG
Flügel Großküchentechnik GmbH, with its headquarters in Essen, Germany, is one of the most powerful and important companies in the field of kitchen technology in terms of planning and maintenance of gastronomies and large-scale consumers. In particular, the company is very popular with hospitals, retirement homes, foster homes and the food service industry. 
Flügel Großküchen GmbH has decided to sell its business to the company CHEFS CULINAR. CHEFS CULINAR is one of the most important food service companies and is also present in the field of kitchen technology. In April 2018, CHEFS CULINAR acquired the operating business of Flügel Großküchen GmbH with all its employees and integrated Flügel Großküchen GmbH into CHEFS CULINAR West GmbH & Co. KG. 
The company stays to its principles in terms of being a reliable and dedicated partner. Mr. Markus Flügel is going to lead the company branch in Essen, whereas Mr. Dietrich Georg Flügel is going to retire. Due to the cooperation, synergies are expected, where especially trans-regional customers will benefit from. Therefore, the entire German market can be provided with better kitchen technology.
CVM Capital Value Management GmbH was mandated to support Flügel Großküchentechnik GmbH in the sales process. The CVM team conducted the entire sales process, from the identification of potential investors and the selection of the ideal partner to the successful finalization of the transaction in April 2018.