Rudolf Wild GmbH & Co. KG (Eppelheim, Germany) has sold shares of its flavor and ingredient business to KKR (London) in an initial step towards becoming a public company and increasing its focus on foreign market growth. The fruit preparation businesses of Rudolf Wild GmbH & Co. KG in Germany, France and Poland; Deutsche SiSi Werke/Capri-Sun; and INDAG are not affected by the transaction. Hans-Peter Wild will be the majority shareholder of the new partnership. There will be no changes in the top management. In extending its reach, WILD will target foreign markets relying on KKR to support WILD’s financial positions and create new growth potential through its global network and acquisition.
“This strategic partnership will allow us to tap into the capital markets and financing sources that have previously been unavailable to us, thereby driving more rapid growth of our business,” said Wild. “KKR is a strong partner with extensive global expertise and will assist Wild in its focused expansion and strengthening of our businesses going forward.”