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26 / 03 / 2024

Egeria enters new partnership with Meyer Menü

Egeria is pleased to announce that it 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.

Under the current management team, consisting of Co-CEO Marcel Hoffmann and Co-CEO Christian Seidel, the company has made multiple strategic acquisitions and has launched several operational excellence initiatives. Going forward, the management team will partner with Egeria to further increase its presence in existing regions and selectively expand into new regions.

Marcel Hoffmann and Christian Seidel, Co-CEOs at Meyer Menü
We welcome Egeria as a new partner to the Meyer Menü family. Over the last thirteen years, we have continuously developed Meyer Menü into the market leader for meals on wheels in Germany. We believe that Meyer Menü is ready for new growth initiatives and see Egeria as the ideal partner for this new phase.

Hannes Rumer, Partner at Egeria
We are very impressed by Meyer Menü’s historic development and excited to team up with Mr. Hoffmann and Mr. Seidel for the company’s next chapter. The management’s entrepreneurial spirit and Meyer Menü’s strong value proposition are the foundation for its high reputation among customers and its market leadership. We are honored that Mr. Meyer trusts us in continuing his family heritage and we look forward to contributing to the future success of the company.

About Egeria
Established in 1997, Egeria is an independent investment company focused on mid-sized companies in the DACH region and the Netherlands. Egeria invests in healthy businesses and believes in building businesses jointly with entrepreneurial management teams (Boldly Building Together). Egeria has interests in 22 companies in Germany, the Netherlands and the U.S. Egeria’s portfolio companies generate combined revenues of more than EUR 3 billion and employ more than 12,500 people.