Richter Acted as Investment Banking Advisor to FRANESSE

October 2023 – Richter acted as investment banking advisor to FRANESSE, a leading manufacturer and distributor of equipment and merchandising solutions to supermarkets across Canada, in the sale of the business to Carbone Group, a Montreal-based family office. The transaction was led by Richter’s Alon Wexler and David J. Stein

Richter would like to congratulate Stuart Brick, Nitai Friedman, Mitchell Rosen and Elliot Goldberg.

About Richter

Richter is a Business | Family Office that provides strategic advice on business matters and on families’ financial and personal objectives across generations. With close to 100 years of experience advising at the intersection of family and business, Richter has developed an integrated approach to help business owners find sustainable success. Whether business, personal, or both, Richter is uniquely positioned to address the needs of Canada’s most successful entrepreneurs, private clients, business owners and business families and help them chart a clear path to shape their legacy for the future. Founded in 1926, Richter’s 600-person multidisciplinary team continuously innovates to create value for our people, clients, and community in Canada and in the US.

Learn more about our transaction advisory practice.

About FRANESSE

For nearly 75 years, FRANESSE DP has specialized in providing comprehensive merchandising solutions to Supermarkets, Food Retailers, and Institutional clients. Their track record includes the creation of innovative and versatile equipment tailored for various sales channels.

For more information, visit FRANESSE