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Tag "Lion Capital"

Bright Food to Acquire 60% of Weetabix

    Bright Food to Acquire 60% of Weetabix

Bright Food, one of China’s largest food groups, is acquiring 60% of Weetabix Food Company from private equity firm Lion Capital for an enterprise value of £1.2 billion. The remaining 40%

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Acquisition of Cumbrian Seafoods Approved

    Acquisition of Cumbrian Seafoods Approved

The UK Office of Fair Trading has cleared the acquisition of Cumbrian Seafoods by private equity company Lion Capital, which also owns Young’s Seafood, the UK’s leading chilled and frozen

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Lion Capital Decides Against Findus Nordic Disposal

    Lion Capital Decides Against Findus Nordic Disposal

UK private equity firm Lion Capital is reported to have decided against disposing of the Nordic unit of its Findus frozen foods group. The Nordic business attracted a number of

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Lion Capital Purchases Cumbrian Seafoods

    Lion Capital Purchases Cumbrian Seafoods

Private equity firm Lion Capital, which owns Young’s Seafood, has expanded its UK fish and seafood interests with the acquisition of the customer contracts and equipment of Cumbrian Seafoods from

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Financial Restructuring at Findus Group

    Financial Restructuring at Findus Group

Findus Group, one of the leading frozen food businesses in Europe with sales over Eur1.3b, is reported to be renegotiating its covenants with its lenders in order to gain greater

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Diamond Foods to Expand UK Kettle Foods Plant

    Diamond Foods to Expand UK Kettle Foods Plant

US-based snacks group Diamond Foods is investing $10m to expand of its UK production facility in Norwich to meet increasing demand for Kettle Chips. The Kettle brand has experienced significant

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Profit Jump at Weetabix

    Profit Jump at Weetabix

Helped by rising sales of cereal bars and retailer own label products, UK breakfast cereals manufacturer Weetabix has increased pre-tax profit by 26% to £97.2m for 2009 on turnover up

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Findus Group Targets Growth in Nordic Region

    Findus Group Targets Growth in Nordic Region

Findus Group, one of Europe’s largest frozen food and seafood companies, has appointed Jari Latvanen, formerly with Nestle, to head its new, dedicated business unit covering the Nordic region. The

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Unilever Sells Findus Italy to Birds Eye Iglo for €805m

    Unilever Sells Findus Italy to Birds Eye Iglo for €805m

Unilever is selling its Italian frozen food business, Findus Italy, to Birds Eye Iglo, which is owned by private equity group Permira, for Eur805m. The deal includes four brands –

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