IMAP Germany advised the shareholders of the food wholesaler PROHOGA on the sale of a majority stake to Rieker Investment GmbH. The previous owners will keep a minority stake and remain as advisors in the company.
PROHOGA Group is a successful food wholesaler and service company with a focus on hotels and restaurants in Southwestern Germany. PROHOGA operates two Cash & Carry stores as well as its own delivery fleet and employs approx. 200 people.
Rieker Investment GmbH is owned by the Rieker family, well-known for the shoe brand of the same name. Rieker Investment focuses on long-term investments in mid-sized companies in a variety of industries.
The shareholders of PROHOGA were exclusively advised by IMAP in Germany.