Fountainvest Partners to acquire a majority stake in CFB Group from EQT.

Fountainvest Partners, a private equity firm, agreed to acquire a majority stake in CFB Group, a food and beverage producer, from EQT. “We would like to thank EQT and the entire team for their trust, support and guidance. EQT has been a great partner and instrumental in CFB Group’s journey over the last few years, building the business together with the management team encompassing business model transformation, brand portfolio expansion, digitalization and sustainability development. These efforts positioned CFB Group well and enabled us to join forces with our new partner for the Company’s next phase of growth and transformation. Personally, I also cherish the friendships that we have built over these years," Alan Hsu, CFB Group CEO.