FSN Capital VI is to invest in Bäcker Görtz to create a leading producer and retailer for both at-home and out-of-home food in the EUR15 billion German bakery market. The investment in Bäcker Görtz is in line with FSN Capital’s approach to support founder-led businesses in their next stage of growth.
Headquartered in Ludwigshafen, Germany, Bäcker Görtz is a leading bakery chain in the Rhine-Neckar region in South-West Germany with a network of approximately 200 branches and a tailored product offering of baked goods and out-of-home meals. Bäcker Görtz has been founded and owned by the Görtz family since 1963. The existing owners Peter and Frank Görtz, who will continue to operate as Co-CEOs, will retain a significant minority stake.
FSN Capital VI will, together with the management team and the existing shareholders, accelerate the growth of the company. The investment strategy will focus on continued organic growth, as well as add-on acquisitions in the large and highly fragmented German bakery market, while also driving best practice operations and sustainability.
