Lion Capital has agreed to acquire a 32% stake in Hiestand Holding AG, a publicly-traded company listed on the SWX Swiss Exchange. The Hiestand Group is an international service provider of convenience deep-frozen bakery products, in Switzerland, Germany, Austria, Poland, Malaysia, Japan and Turkey.
Company reported a loss of almost £1m on £15.3m in sales in 2018 and employs 177 people
GP invests €4.7m in the France-based B2B leasing service to fuel international expansion
Foresight Group will provide an initial £5m revolving credit facility to Signature
Oliver Nell has joined the Munich office as flex equity partner and will focus on DACH investments