The company was founded as a family business in the 1960s with family members remaining involved in its management ever since. Headquartered in Mülheim an der Ruhr (North Rhine-Westphalia - "NRW"), Food & Service Group is a manufacturer of meat products (primarily sausages) and a wholesale distributor of items for the food industry. The business operates its own logistics fleet specialising in just-in-time delivery to small restaurants and wholesalers, mainly in NRW. The Hermesmeyer group offers a product range of approximately 4,000 food and non-food products, comprising own and third-party brands as well as private label goods.
As part of the reorganisation of the shareholder structure, Steadfast Capital Fund III, LP, has acquired a stake in Hermesmeyer group. Together with Frank Hermesmeyer, who continues to be the CEO and a shareholder in the group, Steadfast Capital will support the group's regional expansion as well as the ongoing strategic and personnel development of the company.
During the investment period Borromin worked closely with the management of Food & Service Group and supported the following projects for the company's development:
In October 2019 the sale of Food & Service group to a financial investor was successfully completed.