Capvest, a UK-based private equity group focused on deals worth up to £500 million ($1 billion), began assembling Foodvest six years ago with the £137 million ($274 million) purchase of seafood producer Young’s Bluecrest, adding European frozen giant Findus in 2006.
‘After several years focused on creating what is today the Foodvest group with the support of Capvest, this change of ownership is a logical next step in our development,’ says Per Harkjaer, CEO Foodvest.
‘Lion Capital’s specialist consumer experience will be helpful in taking the business to the next level.’
