CHARLOTTE, N.C., Jan. 22, 2015 /PRNewswire/ -- Deloitte Corporate Finance LLC ("DCF") acted as the exclusive financial advisor to Ruprecht Company ("Ruprecht" or the "Company") in its sale to Hosen Capital Ltd. ("Hosen Capital"), a private equity group based in Beijing, China. Hosen Capital acquired Ruprecht from its New Hope Investment Fund, the major shareholder of Kilcoy Pastoral Company ("KPC"). Founded in 1860 and based in Mundelein, Illinois, Ruprecht is Chicago's oldest operating beef processor and a leading producer of value‑added proteins and ready‑to‑eat meals for the retail, food service, and private label sectors.
"We are truly excited by this opportunity to join a global protein leader like Kilcoy. We now have access to a superior and consistent supply of premier quality beef and lamb products, enabling us to better serve our existing customers and expand our business with additional product offerings," said Walter Sommers, president of Ruprecht.
"We plan to support Ruprecht with superior supply and additional investments, to solidify its competitive position, and to grow its product offering and market positions," said Alex T. Zhang, chairman of KPC and partner of Hosen Capital.
Over the last 10 years, Ruprecht has experienced rapid expansion and growth due to its investment in research and development. The Company has expanded its focus toward fully-cooked meal solutions, side dishes, and other value-added items. Ruprecht serves well‑known independent restaurants, local and national chains, national and international distributors, and retail supermarkets. Integrating Ruprecht into the KPC group of companies is a critical step in positioning the combined group towards becoming a global leader in the distribution and processing of protein products.
"The Ruprecht management team has built a company with a reputation for premium quality and innovation. The Company's leadership has successfully transitioned the business from a historical white tablecloth steak cutter into an industry‑leading producer of value‑added protein offerings and meal solutions. With the support and leadership of the KPC and Hosen team, Ruprecht is well positioned to further penetrate its key markets and continue to strengthen its competitive position," said Lorin DeMordaunt, managing director and consumer and retail group lead, Deloitte Corporate Finance LLC.
About Ruprecht Company
Ruprecht Company is a meat processor and food manufacturer serving both domestic and international customers in the food service and retail sectors. Established in 1860 and based in Mundelein, IL, Ruprecht is the oldest operating beef processor in the Chicago area. The Sommers Family purchased Ruprecht in 1961 and has grown its reputation for providing center-of-the-plate protein items to the country's finest food service and retail establishments. Learn more at www.ruprechtcompany.com.
About Kilcoy Pastoral Company
The Kilcoy Pastoral Company was established in Kilcoy, Queensland, Australia, northwest of Brisbane, in 1953. From humble beginnings supplying local butchers, Kilcoy has grown to become one of the largest beef processors in Australia, processing over 260,000 grain-fed cattle per year and exporting premium beef to over 20 countries worldwide. The distinctive "Blue Diamond" and "Kilcoy Pure" brands are both renowned domestically and internationally as a stamp of quality, consistency, and integrity. Learn more at www.kpc.com.au.
About Hosen Capital Ltd. / New Hope Investment Fund
New Hope Investment Fund, a private equity fund managed by Hosen Capital, focuses on Agriculture and Food industries. The fund has a global investor base, including investors from the United States, Singapore, Japan, and China. Its Chinese anchor investor, New Hope Group, is China's largest animal feed producer and one of the largest animal protein suppliers. Hosen Capital manages two other PE funds.
About Deloitte Corporate Finance LLC
Deloitte Corporate Finance LLC (DCF) provides strategic advisory services and M&A advice that help corporate, entrepreneurial and private equity clients create and act upon opportunities for liquidity, growth and long-term advantage. With an in-depth understanding of the marketplace and access to a global network of investment bankers, we help clients confidently pursue strategic transactions in both domestic and global markets. DCF, together with the Corporate Finance Advisory practices within the Deloitte Touche Tohmatsu Limited network of member firms, include in excess of 1,900 professionals, who work collaboratively across 150 international locations. With our significant experience providing investment banking services across key industries, we are able to offer our clients solutions that help them to achieve their strategic objectives. For more information, visit www.investmentbanking.deloitte.com.
Prior engagement performance is no guarantee of future performance and may not be representative of the experience of other clients. This communication is for informational purposes only and is not intended as an offer or solicitation for the purchase or sale of a security.
Deloitte Corporate Finance LLC, an SEC registered broker-dealer and member of FINRA and SIPC, is an indirect wholly-owned subsidiary of Deloitte Financial Advisory Services LLP and affiliate of Deloitte Transactions and Business Analytics LLP. Investment banking products and services within the United States are offered exclusively through Deloitte Corporate Finance LLC. For more information, visit www.investmentbanking.deloitte.com. Please see www.deloitte.com/us/about for a detailed description of the legal structure of Deloitte LLP and its subsidiaries. Certain services may not be available to attest clients under the rules and regulations of public accounting.
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