Financial advisory to the shareholders of Maczfit Foods Sp. z o. o. on soliciting a strategic investor, Żabka Polska 5 March 2021
FIDEA acted as exclusive financial advisor to the shareholders of Maczfit Foods Sp. z o. o., on soliciting a strategic investor, Żabka Polska sp. z o.o.
Maczfit, the undisputed leader of the dietary catering market in Poland, offers its customers a wide range of properly balanced meal plans, composed of wholesome dishes based on original recipes, taking pride in their fine restaurant quality and exceptional visual appearance. The company currently distributes around 50,000 meals a day, operating 10 thousand subscriptions in over 1,500 towns located throughout Poland. Maczfit employs over 300 employees and a qualified management team. The Company operates a modern production plant located in central Poland, and has a proprietary mobile application with a unique subscription model.
I am overjoyed that Żabka will become the new majority shareholder of Maczfit Foods sp. z o.o. I would like to emphasize that over the last two years Maczfit has rapidly increased the scale of its business, entering new markets and expanding its modern offer. Our investment enhanced production capacity, increased employment and significantly improved the company’s profitability. Joining Żabka, the leading Polish commercial group, will allow Maczfit to maintain its excellent growth rate.– said Piotr Noceń, co-founder and Managing Partner of the Resource Partners fund.
This investment allowed Resource Partners to achieve 3.6x cash return and 70% IRR.
We are glad that Żabka Group recognized our potential and thanks to its ecosystem we will be able to offer our services to even more customers. We are already the leader of the dietary catering market in Poland, and Żabka’s decision will make our development even faster in the coming years. Our mission is to support healthy food choices of the Polish people. Żabka, as a company promoting sustainable lifestyles, is our obvious partner.– said Maciej Lubiak, the CEO of Maczfit.
Inclusion of Maczfit in the Żabka Group constitutes an element of our long-term development strategy in the convenience area, ensuring an efficient response to the needs of millions of our customers. The new organizational structure announced at the beginning of the year will allow us to expand the scope of our activities to cover new areas, such as dietary catering, operated by Maczfit.– says Tomasz Suchański, President of the Management Board and CEO of the Żabka Group.
We are systematically expanding our products and services in the area of digital solutions for our customers, representing the present and future of our retail business. The offer of Maczfit is complementary to the existing Żabka ecosystem based on Żabka’s modern convenience model. Proximity and convenience, as well as solutions matched to customer expectations, are in its DNA.– commented Tomasz Blicharski, Executive Vice President of the Management Board and Managing Director of Żabka Future.
Żabka Polska sp. z o.o. is the owner of the largest chain of convenience stores in Poland, with 7,000 stores run by over 5,600 franchisees under the Żabka brand.