Lion Capital said it would acquire Foodvest Group from funds advised by CapVest Ltd., for £1.1 billion ($2.2 billion/€1.4 billion), the firms announced Tuesday.
Foodvest is a major European food group with operations in the United Kingdom, Scandinavia, France and a growing presence in Central and Eastern Europe. It is the parent company of Young's Seafood, Findus, and The Seafood Company.