AURELIUS Growth Investments portfolio company Better Taste acquires BVS Catering GmbH & Co. KG

05.07.2021

AURELIUS Growth Investments portfolio company Better Taste acquires BVS Catering GmbH & Co. KG

  • Strengthening of the attractive catering activities in the areas of schools, kindergartens, and day care centers
  • Together with BVS, Better Taste group is expanding its already very strong market position in Southwest Germany
  • Successful implementation of a Buy and Build strategy

On June 30, 2021, Better Taste Holding GmbH (“Better Taste”), a portfolio company of AURELIUS Wachstumskapital SE & Co. KG (“AWK”, “AURELIUS Growth Investments”) has acquired BVS Catering GmbH & Co. KG (“BVS”). BVS is a leading catering provider in the Rhine-Neckar metropolitan region, catering fresh meals to schools, kindergartens, and day care centers. The transaction already represents the third Add-on acquisition for Better Taste, underlining AWK's successful approach to actively expand portfolio companies through acquisitions of market participants.

Nico Vitense, Managing Partner at AWK, was very pleased with the transaction: “We are delighted that BVS is further strengthening the Better Taste group with its focus on providing fresh meals to schools, kindergartens and day care centers. With the acquisition of BVS, Better Taste group can further expand its already strong market position in Southwest Germany.”

Andreas Müller, Founder and CEO of Better Taste, said: “A partnership between the Better Taste group and BVS significantly strengthens our market position in the economically strong Rhine-Neckar region. We are very much looking forward to collaborate with the entire BVS team.”

Jürgen Jünger, Founder and Managing Director of BVS added: “Together with Better Taste and AWK, BVS now has the opportunity to further grow within the region and exploit still untapped potentials.”

On behalf of AWK, the transaction was executed by Nico Vitense (Managing Partner) and Philipp Scheik (Investment Manager). The team was supported by Ebner Stolz (Joerg Schoberth and Christoph Couhorn, Financial and Tax Due Diligence) and Kuzaj Wittmann & Partner (Hans-Jörg Wittmann, Legal Due Diligence and Legal Advice).

About BVS
BVS was founded in 1987 and is based in Mannheim. Since its foundation, the company has shown exceptional organic growth and today employs 95 employees. With its focus on the Cook & Hold and Cook & Chill production techniques, BVS provides its catering services to schools, kindergartens, and day care centers throughout the Rhine-Neckar metropolitan region. The company puts great emphasis on locally sourced organic ingredients.

About AURELIUS Growth Investments
As part of the AURELIUS Group, AURELIUS Growth Investments focuses on Buy and Build and buyouts/succession solutions. AURELIUS Growth Investments’ current portfolio comprises a total of eight platform companies. In addition to capital for investments and growth, AURELIUS Growth Investments supports the management of its portfolio companies through its extensive entrepreneurial experience and helps to implement growth initiatives and realize operational potential.

Contact person on the transaction
Nico Vitense
Managing Partner
Mobile +49 162 239 00 70