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PwC Switzerland’s Corporate Finance / M&A team is pleased to announce the sale of Spavetti AG (“Spavetti”) to private investors. PwC supported Spavetti as lead advisor and provided legal advice on the transaction.
Spavetti is one of the leading manufacturers and suppliers of convenience products in the field of salads and vegetables. As one of only a few companies in Switzerland, Spavetti offers its customers from the retail trade and gastronomy sector a full range of products as well as national distribution.
The private investors Daniel Rytz and Lukas Steiner are both highly experienced and well-known entrepreneurs in the Seeland region where Spavetti is based. Daniel Rytz is active as a vegetable producer and, together with several partners, cultivates a large area of land in the Seeland region. The transaction is expected to generate valuable synergies for both parties, Spavetti and Daniel Rytz’s companies, and enables successful and sustainable development in the rapidly changing environment of agricultural food production.
The transaction was signed on June 29, 2023 and closed on June 30, 2023.