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EQT sold the rest of the Findus business (excluding Italy and Switzerland) to CapVest Limited in January 2006, which subsequently created FoodVest as a holding company for Findus and Young's Seafood. In July 2008 FoodVest, including Findus, was purchased by the British private equity firm, Lion Capital LLP. [11] FoodVest was renamed Findus ...
Capvest Limited is a European investment firm headquartered in London, United Kingdom, and is a mid-market private equity firm specialising in sectors which are characterised by non-discretionary demand.
It sold its yoghurt business in 2002 to raise money to concentrate on the convenience foods market. [6] In March 2009 Uniq reached an agreement for the sale of its UK chilled fish business, Pinneys of Scotland, to The Seafood Company Ltd (part of the Foodvest Group). [7] On 12 July 2011, Greencore announced it intended to buy Uniq. [8]
In stock markets abroad, European indexes were mixed amid relatively modest movements. In Asia, Hong Kong’s Hang Seng fell 0.9%, while South Korea’s Kospi gained 1.1%.
The S&P 500 rose 0.4% following healthy gains for stock markets across much of Europe and Asia. The Dow Jones Industrial Average dipped 125 points, or 0.3%, and the Nasdaq composite gained 0.5%.
The shoe company is growing rapidly, but shareholders' expectations may simply be too high.