Equity stake sale in Szafi Group

Sale of an equity stake in innovative free-from food producer Szafi Products to a group of strategic and financial investors

Equity stake sale in Szafi Group

Sector: Food & Beverage

Sales (2016-2019):

+120%

Net Sales (2019):

€5.4m

EBITDA (2019):

€1.2m

Invescom advised the founders of Szafi Products, the Hungarian market leader in free-from (allergen-free) foods, in finding an investor partner that supports the company in realizing its long-term growth plans. Anita Ipsits and Gábor Ipsits emerged as the perfect investor partners in consortium with Hiventures and acquired an equity stake in the business. The founders retain an ownership stake as well as their leadership roles in the company.

Szafi Products started the production of free-from foods in 2015. Driven by its progressive, innovative recipes and maximum commitment to consumer satisfaction, the company quickly became a significant player in the Hungarian market.

The company’s continuously expanding product portfolio is offered under two brands: products in the Szafi Free line are vegan, free from all four major allergens as well as from sweeteners; while Szafi Reform products are low in calories, high in fibre and free of added sugar. The steadily growing product offering includes flour mixes, baking and cooking ingredients as well as convenience foods (snacks, sauces, desserts, etc.).

 

What our client said:

“During my 20+ years in business I worked with only two companies (out of hundreds) with whom I was 100% satisfied; Invescom is one of them. Very deep expertise in the field of M&A, critical thinking in extraordinary situations, very precise materials, meeting deadlines perfectly and I could go on, as an M&A transaction is incredibly complex. If I were to make another exit at some point in my life, I would without doubt turn to the Invescom team once again.”

Zsombor Burján, co-owner and managing director, Szafi Products