21 Feb Lion Capital to Acquire 32% Stake in Hiestand
Excerpt of press release by Lion Capital
Lion Capital LLP (“Lion Capital”) has agreed to acquire a 32% stake in Hiestand Holding AG (“Hiestand”), a publicly-traded company listed on the SWX Swiss Exchange. The Hiestand Group is the leading international service provider of convenience deep-frozen bakery products, in Switzerland, Germany, Austria, Poland, Malaysia, Japan and Turkey. Lion Capital is acquiring 170,000 shares of Hiestand.
Lyndon Lea, Partner of Lion Capital, said: “We are tremendously excited to make this investment in Hiestand. Hiestand is a leading player in the most attractive sub-sector of the bakery market. We view ourselves as long-term strategic investors in Hiestand and are fully supportive of the management’s strategy.”
Headquartered in London, Lion Capital is a leading investment firm focused on the consumer sector, with ownership of a diverse group of market-leading, branded consumer businesses, including Vaasan&Vaasan, the leading manufacturer of baked goods in Finland and the Baltic States, and Weetabix, a leading manufacturer of ready-to-eat cereals and cereal bars in the UK.
Atlas Advisors acted as financial advisor to Focus Capital in connection with this transaction.
Atlas Advisors is the marketing name for Atlas Advisors, LLC and Atlas Strategic Advisors, LLC. Atlas Strategic Advisors, LLC provides financial advisory services in connection with mergers, acquisitions and other similar transactions. Atlas Strategic Advisors, LLC is a wholly owned subsidiary of Atlas Advisors, LLC and a member of the FINRA.
None of the information contained in this release constitutes a recommendation, solicitation or offer by Atlas Strategic Advisors, LLC or its affiliates to buy or sell any securities, futures, options or other financial instruments or provide any investment advice or service.