M&A Deal Summary

Metro Acquires Classic Fine Foods Pte

On August 6, 2015, Metro acquired food company Classic Fine Foods Pte from EQT for 328M USD

Acquisition Highlights
  • This is Metro’s 1st transaction in the Food sector.
  • This is Metro’s largest (disclosed) transaction.
  • This is Metro’s 1st transaction in Singapore.

M&A Deal Summary
Date 2015-08-06
Target Classic Fine Foods Pte
Sector Food
Buyer(s) Metro
Sellers(s) EQT
Deal Type Add-on Acquisition
Deal Value 328M USD

Target

Classic Fine Foods Pte

Singapore
Classic Fine Foods is the multinational importer and distributor of fine foods, serving the vast majority of five-star hotels and high-end restaurants in Asia.

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Buyer(S) 1

Buyer

Metro

Dusseldorf, Germany
Category Company
Founded 1964
Sector Retail
Employees86,910
Revenue 30.6B EUR (2023)
DESCRIPTION

Metro is a global retailing company operating stores including METRO Cash & Carry, Media-Saturn, Real, and Galeria Kaufhof. Metro is based in Dusseldorf, Germany.

DEAL STATS #
Overall 1 of 4
Sector (Food) 1 of 1
Type (Add-on Acquisition) 1 of 3
Country (Singapore) 1 of 1
Year (2015) 1 of 1
Size (of disclosed) 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2016-02-12 CCG

Kelsterbach, Germany

CCG is a specialist provider of complete logistics solutions for temperature-sensitive products. The CCG DE combines logistics competence with detailed knowledge of temperature-sensitive fresh goods such as groceries, fresh flowers, and plants. CCG was founded in 2005 and is based in Kelsterbach, Germany.

Buy -

Seller(S) 1

SELLER

EQT

Stockholm, Sweden

Investor Investor Investor Investor Investor

Category Private Equity Firm
Founded 1994
PE ASSETS 242.0B EUR
Size Mega
Type Sector Agnostic
DESCRIPTION

EQT is a global private equity group that purses a variety of investment strategies around the world. EQT is divided into several investment disciplines, including private capital, real assets, credit, and venture. The Firm's private capital group targets large, market-leading enterprises (investment size of €125 to €1.5 billion) across Europe and the US, as well as mid-market, growth companies (investment size of €40 to €125 million) across the US, Europe, China, and Southeast Asia. The Firm's real assets group seeks to identify control or co-control equity investments (investment size of €500 to €1 billion) in medium-sized infrastructure companies that provide an essential service to society, are recession resilient, and have secure cash flows. EQT's credit group provides flexible, long-term debt capital solutions to medium-sized European businesses, across a wide range of sectors. EQT was established in 1994 and is headquartered in Stockholm, Sweden.

DEAL STATS #
Overall 72 of 186
Sector (Food) 4 of 6
Type (Add-on Acquisition) 32 of 72
Country (Singapore) 1 of 3
Year (2015) 8 of 12
Size (of disclosed) 33 of 42
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-08-05 NAC

Limerick City, Ireland

NAC provides leasing and leases management services to airlines and aircraft investors worldwide. Aircraft are purchased in the primary and secondary markets and NAC is the largest regional fleet owner and aircraft lessor in the world. NAC was founded in 1990 and is based in Limerick City, Ireland.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2015-10-05 kfzteile24

Berlin, Germany

kfzteile24 is an eCommerce platform for automotive spare parts in Germany. In addition to its online shop, kfzteile24 has three retail stores with affiliated repair shops in Berlin to supplement the online distribution. The company has a full range of product offerings of automotive spare parts and accessories for B2C and B2B customers, including a significant portion of private label products. kfzteile24 was founded in 2001 and is based in Berlin, Germany.

Buy -
Mergr

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