EQT-backed Classic Fine Foods Gets Bid Worth up to $400M
May 11, 2015
Classic Fine Foods, a portfolio company of EQT, has reportedly received a tentative bid to be acquired by Metro in a deal valued between $300 million and $400 million. Established in 1999, CFF is a multinational importer and distributor of foods such as dairy, meat, pastry, gastronomies and seafood. It primarily serves upmarket hotels and restaurants in Asia. EQT acquired the company in January 2011 via EQT Greater China II, which closed on $535 million in late 2006.