GLNS advises Crusta Nova on participation of an investor group advised by Rigeto

A group of investors advised by Rigeto Unternehmerkapital has acquired a majority stake in CrustaNova GmbH, which is based in Langenpreising near Munich.

Crusta Nova sees itself as a pioneer in land-based aquaculture and, as a specialized seafood company, sells B2B to restaurants and food retailers as well as B2C to end consumers. The founder of Crusta Nova, Dr. Fabian Riedel, will continue to hold a significant stake in the company and continue as managing partner. Together with Rigeto, the company is planning to expand its market-leading position in European shrimp farming and the further growth of the seafood wholesale business as well as the e-commerce business.

Rigeto pursues a long-term investment approach to the development of the companies it supports, representing a group of selected German and Swiss entrepreneurs. The investment activities focus on established medium-sized companies from the DACH region that have a sustainable business model and are operating profitably.

GLNS has advised Crusta Nova with a team consisting of Daniel Gubitz and Ferdinand Graf von Spreti (both Corporate/M&A) and Andreas Scheidle (Tax). The investor group was represented by Tricon with a team led by Hartmut Wollstadt.

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