Kirkbi completed the acquisition of 35% stake in Euro Cater from Intermediate Capital Group.

Kirkbi, a private holding and investment company, completed the acquisition of 35% stake in Euro Caterm, an Scandinavian food service supplier, from Intermediate Capital Group, an asset management and private equity firm. Financial terms were not disclosed. “Euro Cater is a well-run company with very dedicated employees, as through a long years have succeeded in creating stable growth. We are pleased to be able to support the group's future development and to support the unique long-term ownership model. We expect in addition to being able to help accelerate the green transition in the group in collaboration with Euro Cater management,” Quote Thomas Lau Schleicher, KIRKBI Chief Investment Officer.