CFS Brands to acquire Araven from GED Capital.

CFS Brands, a manufacturer of food service, healthcare, and cleaning products, agreed to acquire Araven, a professional hospitality products specialist from GED Capital, a private equity firm. Financial terms were not disclosed. “Araven is a clear leader in the European foodservice market, with its products sold worldwide and a well-established reputation within the hospitality sector and among top professionals. This acquisition further enhances the value we provide to our customers by offering an even wider array of innovative, high-quality products. We are very excited to work with the Araven management team and warmly welcome all their employees to CFS Brands,” Trent Freiberg, CFS Brands CEO.