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Folmer

Donier Gastronomie Oy, a portfolio company of Folmer Equity Fund II Ky, has acquired its
long-term business partner Cheese Witches Oy. The deal implements Donier
Gastronomie’s growth strategy and brings more know-how and opportunities for the
specialty cheese segment.

Fast-growing wholesaler Donier Gastronomie Oy, which serves high-quality domestic and European food products,
expands its operations by acquiring Cheese Witches Oy. With the acquisition, Donier Gastronomie’s operational
capabilities in the specialty cheese market expand further. Donier Gastronomie’s current service offering and
networks will be supplemented, especially on the retail side, with possibilities to realize significant synergies. Cheese
Witches continues to operate as part of the Donier Gastronomie group. The transaction has no impact on the
companies’ employees or other relations.

Cheese Witches’ revenue is approximately EUR 3 million, and its employees have extensive experience of working
with special cheeses. Cheese Witches’ entrepreneur Merja Sydänmaa-Kaartinen continues to manage the company
and becomes a shareholder of the Donier Gastronomie group. After the acquisition, the revenue of the Donier
Gastronomie group is approximately EUR 16 million.

For more information:
Managing Director, entrepreneur Alexandre Donier, Donier Gastronomie Oy, tel. +358 44 033 0028,
alexandre.donier@doniergastronomie.fi (in English)
Merja Sydänmaa-Kaartinen, entrepreneur, Cheese Witches Oy, tel. +358 41 319 5672,
merja.sydanmaa-kaartinen@cheesewitches.fi

Donier Gastronomie Oy is a Finnish wholesaler of high-quality food products specializing in the import and
wholesale of dairy, meat, seafood and poultry products. www.doniergastronomie.com
Cheese Witches Oy is a full-service specialty cheese house. The company’s products are sold in more than 60 retail
stores.

Folmer Management Oy is a Finnish private equity company investing in Finnish SMEs. Folmer creates value
through active development work. Folmer provides companies with support and professional experience – a
requirement for success. www.folmer.fi
Folmer Equity Fund II Ky benefits from the support of the European Union under the Equity Facility for Growth
established under Regulation (EU) No 1287/2013 of the European Parliament and the Council establishing a
Programme for the Competitiveness of Enterprises and small and medium enterprises (COSME) (2014-2020).
Businesses can contact selected financial institutions in their country to access EU financing:
www.access2finance.eu.

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