Clifford Chance advised NordLB as financing bank on the financing of the investment in frostkrone group by funds advised by EMERAM Capital Partners GmbH. NordLB was the sole underwriter for the credit facility.

The investment is made by EMERAM and by the CEO of frostkrone group to support frostkrone's growth strategy. Frostkrone group is a leading supplier in frozen finger food. The sale and purchase agreement was signed with Ardian as seller of the group. The parties agreed not to disclose the purchase price. The transaction is still subject to antitrust clearance.

frostkrone manufactures a broad range of frozen finger food from cheese-based products such as mozzarella sticks to vegetable snacks and snacks with meat or fish. The products are sold to discounter supermarkets, food retailers and quick service restaurants.

The Clifford Chance team was led by partner Dr. Beda Wortmann and included counsel Philipp Kropatscheck, senior associate Matthias Töke (all Frankfurt) and associate Alexander Lang (Munich, all Banking & Capital Markets), partner Thorsten Sauerhering (Tax, Frankfurt) as well as partner Markus Muhs and associate Moritz Müller-Buttmann (both Private Equity/Corporate, Munich).