03.2024: Investment company Egeria has entered into an agreement to acquire Meyer Menü, a German provider of a meals on wheels lunch service, together with its management team.
The transaction follows the succession of the current majority shareholder and member of the founding family, Thomas Meyer. The two Co-CEOs Marcel Hoffmann and Christian Seidel will reinvest alongside Egeria and continue to drive the success and growth of Meyer Menü. Financial terms of the transaction, which is subject to regulatory approval, are not being disclosed.
Meyer Menü is a leading provider of a meals on wheels lunch service founded in 1963 by the Meyer family. Over the years, the company has expanded its geographical reach to six industrial kitchen sites and twenty additional distribution hubs across Germany. The company is characterized by a high level of vertical integration from meal production in its commercial kitchens to the delivery of meals through its in-house vehicle fleet and drivers. The Meyer Menü brand is well known for industry-leading meal quality among its customer base which includes senior households, children daycare facilities, schools, and corporate clients.
Centum Capital provides public information, but was not involved in this transaction.