Ashurst advised a fund managed by Proventus Capital Partners and a fund managed by Rantum Capital Partners on the granting of a loan to partially fund Natsu Food GmbH & Co. KG's ("Natsu") acquisition of the Netherlands-based Qizini Group B.V. ("Qizini").

Natsu is a privately held, European market leading producer of ultra-fresh sushi for European retailers, primarily in Germany. Natsu, whose range includes salads and sauces, has net sales of around €80 million. Qizini, whose products include sandwiches and wraps, generates net sales of about €50 million. Through the acquisition of Qizini, Natsu strengthens its ultra-fresh offering by extending its production capabilities to sandwiches and wraps, while simultaneously increasing its presence in the Netherlands and Belgium significantly.

The German sushi producer has bought Dutch convenience food maker Qizini from private equity firm Parcom.

Ashurst regularly advises Proventus Capital Partners and Rantum Capital Partners on private equity and corporate finance transactions.

Ashurst advised led by Frankfurt-based finance partner Anne Grewlich and counsel Dr Oliver K. Hahnelt (finance, Frankfurt). Both were supported by associate Annabelle Sachs and transaction manager Kerstin Hartmann (both finance, Frankfurt) and tax partner Heiko Penndorf (Frankfurt).