IFR Capital plc (IFR or IFR Capital) is an acquisition platform targeting small and medium-sized businesses in the continental European food industry, within three sub-sectors: retail (mainly shops/ restaurants), industry (wholesale and production) and distribution.
Ultimately, IFR's intended long-term strategy is to create a leading, vertically-integrated food business with a turnover of at least €1.5 billion and an EBITDA margin of approximately 10 per cent. IFR will benefit especially from the operational management of Heiner Kamps.
In January 2007, IFR acquired the entire share capital of Kamps Food Retail Investments SA (KFRI), the holding company of Nordsee GmbH (Nordsee), Europe's largest fish restaurant chain and number one non-burger fast food chain in Germany and Austria . Nordsee has a turnover of approximately €345 million and over 400 outlets in Germany , Austria and Eastern Europe.
HOMANN / HAMKER
In June 2007 IFR acquired the entire share capital of Homann Chilled Food GmbH (Homann), a German-based producer of chilled food and convenience products whose product portfolio comprises chilled salads, dressings & sauces, chilled convenience and fish delicacies.
In January 2008 IFR acquired the entire share capital of Hamker Lebensmittel Beteiligungs GmbH & Co. KG (Hamker). Hamker, a widely-known food manufacturer located in Germany’s Bad Essen, is an important player in the market for mayonnaise, ketchup, dressings, chilled salads and margarine, both in the food retailing and discount distribution channels.