Homann, the German food maker, has acquired a food dressings production line from local margarine maker Walter Rau Lebensmittelwerke.

The EUR8.3m (US$11m) deal was announced on Friday (3 April) by Homann’s owner, London-listed IFR Capital.

IFR said the production line makes mayonnaise and ketchup sold onto the German market. The fund said the deal would add higher-margin products to Homann’s portfolio.

“The addition of the food dressings production line to Homann’s existing production infrastructure will consolidate Homann’s position in the German food dressings market,” IFR said.

Meanwhile, IFR subsidiaries Heinrich Hamker, Lebensmittelwerke and Feinkostwerke Hamker have sold their margarine production lines to Walter Rau for EUR1m.

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.

Furthermore, IFR’s subsidiaries Heinrich Hamker, Lebensmittelwerke GmbH & Co. KG and Feinkostwerke Hamker GmbH & Co. KG have sold their margarine production lines to Walter Rau for a cash consideration of €1.0 million.