Düsseldorf, 30 June 2025
BBOF VI Holding C.V. (“Bencis”) is pleased to announce that it signed an agreement with NPM Capital, an independent investment firm, to sell its stake in Elbfrost Group (“Elbfrost”), a leading German food distributor and logistics provider specializing in frozen and dry products. Completion of the transaction is expected within the third quarter of 2025, subject to regulatory approvals
Founded in 1990, Elbfrost has developed from a local business into a leading regional player for frozen and dry products with over 210 employees. The company operates four strategically located distribution centers across western and eastern Germany. Elbfrost’s product offering is built on a simplified, “reduced-to-the-max” approach, focusing on bulk purchasing to meet the diverse needs of its customers. The portfolio spans a wide range of primarily frozen products, including meat, fish, poultry, game, fruit, vegetables, vegetarian options, as well as potato and dough-based items. This assortment is complemented by a comprehensive range of convenience foods.
Elbfrost established itself as a trusted partner for institutional foodservice customers. Its dedication to price-quality balance and reliability aligns perfectly with the expectations of its customers. The company handles logistics in-house with an own truck-fleet and serves community catering clients, including universities, schools, catering companies, staff canteens, government agencies, and food service providers such as hospitals and nursing homes.
Under the ownership of Bencis along with a growth-oriented management team with extensive industry expertise, Elbfrost has successfully scaled its operations and has built a robust platform for future growth.
Tobias Classen, Managing Director at Bencis, stated: “We are proud to have supported the Elbfrost team on its journey over the past years. A true partnership that led to a successful transformation of the company and an acceleration of growth. We are confident Elbfrost will continue to thrive with their new partner NPM.”
_____________________________
About Bencis
Bencis is an independent investment company that supports business owners and management teams in achieving their growth ambitions. Working out of offices in Düsseldorf, Amsterdam and Brussels, Bencis has been investing in strong and successful businesses in Germany, the Netherlands and Belgium since 1999. For more information, visit www.bencis.com
About NPM Capital
NPM Capital is an independent investment firm that helps medium-sized and large companies in the Benelux and DACH regions realize their ambitions and build the businesses of the future. With offices in Munich, Amsterdam, and Ghent, NPM Capital focuses on family-owned companies and businesses with strong management teams. The current portfolio includes 24 investments, both majority and minority stakes, in future-defining themes: Sustainable Future, Digital & Technology, Feeding the World, and Healthy Life & Learning. www.npm-capital.com
