Announced
Completed
Financials
Sources
Tags
Friendly
Majority
Private
Private Equity
Single Bidder
Acquisition
Food Products
food supplier
Cross Border
Sweden
Completed
Synopsis
METRO, a general store company, completed the acquisition of Johan i Hallen & Bergfalk, a foodservice delivery company, from Litorina, a private equity firm, for €100m. "Johan i Hallen & Bergfalk is a strong match for METRO. JHB will further increase our delivery sales and contribute to meeting our sCore targets for 2030. Sweden and Finland combined form the sixth largest food service market in Europe and have one of the highest meat and fish consumption per capita in Europe. JHB brings a high level of competence in these categories into our FSD portfolio while METRO can strengthen JHB’s procurement activities, enrich its offering and thus expand its market share," Steffen Greubel, METRO CEO.
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