PRESS RELEASE
2 July 2025

Goodwin Advises NPM Capital On Acquisition Financing For Elbfrost

GP
Goodwin Procter LLP

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At Goodwin, we partner with our clients to practice law with integrity, ingenuity, agility, and ambition. Our 1,600 lawyers across the United States, Europe, and Asia excel at complex transactions, high-stakes litigation and world-class advisory services in the technology, life sciences, real estate, private equity, and financial industries. Our unique combination of deep experience serving both the innovators and investors in a rapidly changing, technology-driven economy sets us apart.
Goodwin advised NPM Capital (“NPM”) on the financing of the acquisition of Elbfrost GmbH (“Elbfrost”).
Germany

Goodwin advised NPM Capital (“NPM”) on the financing of the acquisition of Elbfrost GmbH (“Elbfrost”).

Founded in 1990, Elbfrost has developed from a local business into a leading regional player for frozen and dry products with over 210 employees. The company operates from its headquarters in Marl, North Rhine-Westphalia, and manages four strategically located distribution centers across western and eastern Germany. Elbfrost offers a portfolio of 1,400 primarily frozen products, spanning categories such as meat, fish, poultry, game, fruit, vegetables, vegetarian options, as well as potato and dough-based items.

NPM is an independent investment firm that helps medium-sized and large companies in the Benelux and DACH regions realize their ambitions and build the businesses of the future. With offices in Munich, Amsterdam, and Ghent, NPM Capital focuses on family-owned companies and businesses with strong management teams. The current portfolio includes 24 investments, both majority and minority stakes, in future-defining themes: Sustainable Future, Digital & Technology, Feeding the World, and Healthy Life & Learning.

Goodwin’s transaction team was led by partner Winfried M. Carli and associate Marius Garnatz and included associates Daniel Wagner, Rebecca Stöcklein (all Private Equity/Finance, Munich/Frankfurt) and partner Felix Krüger and associate Philipp Lauer (Tax, Frankfurt/Munich).

Contributor

At Goodwin, we partner with our clients to practice law with integrity, ingenuity, agility, and ambition. Our 1,600 lawyers across the United States, Europe, and Asia excel at complex transactions, high-stakes litigation and world-class advisory services in the technology, life sciences, real estate, private equity, and financial industries. Our unique combination of deep experience serving both the innovators and investors in a rapidly changing, technology-driven economy sets us apart.

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