Wild prepares to go public
After nearly 80 years as a successful family business, natural ingredients company Wild has taken the first step to becoming a public company – by selling shares to asset manager KKR.
“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, says Wild chief Dr. Hans-Peter 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.
In extending its reach, Wild will target foreign markets, relying on KKR to support its financial positions and create new growth potential through its global network and acquisition.
“The strategic partnership is an innovative type of private equity transaction that will facilitate significant growth opportunities worldwide, says Johannes Huth, European head of KKR.“We are excited to be Wild’s partner of choice during this exciting growth stage.
The fruit preparation businesses of Wild in Germany, France and Poland will not be affected by the deal.