Torqx Capital Partners is Proud to Announce the Sale of Fri-Jado to Röko

Torqx Capital Partners (“Torqx”) is proud to announce the successful exit of its investment in Fri-Jado (or “the Company”) through its sale to Röko AB (“Röko”), a perpetual owner of European small- and medium-sized businesses.

Fri-Jado is the global market leader in professional rotisseries and manufactures hot and cold food display solutions. In 2018, Torqx acquired a majority stake in Fri-Jado. Since then, the Company has strengthened its market position, doubling in size through a combination of product portfolio expansion, entry into new customer segments, and international expansion. Today, Fri-Jado is a trusted partner for top-tier customers around the world in the food retail, food-to-go, and fast casual segment, supported by local teams and warehouses in the Netherlands (HQ), the USA, the UK, and France.

Laurens Engbers, CEO of Fri-Jado, stated: “This transaction marks an exciting new chapter for Fri-Jado. We are grateful for the partnership and support provided by Torqx over the past years, which has been instrumental in helping us grow and further strengthen the business. Together, we have built a strong foundation for the future, and we look forward to continuing our growth journey alongside Röko.”

Katherine de Kruiff, Investment Manager at Torqx, commented: ” We are very proud of what Fri-Jado has accomplished during our partnership. Over the past years, the Company has delivered an impressive growth trajectory by investing in product innovation, expanding internationally, entering new end markets, and further professionalizing the organization. We are confident that Fri-Jado is well-positioned for continued growth under Röko’s ownership. We would like to thank management and the entire Fri-Jado team for their dedication and the great collaboration throughout our partnership, and wish them all the best in this exciting next chapter.”

Torqx was advised on this transaction by Lincoln International as corporate finance advisor and Loyens & Loeff as legal advisor. Deloitte provided the financial and tax vendor due diligence and Strategy& assisted in the vendor commercial due diligence.