The management in Euro Cater and Kirkbi has entered an agreement for the future ownership of Euro Cater. Kirkbi’s support makes it possible for the management of Euro Cater to acquire Intermediate Capital Group’s minority stake in the company.
Kirkbi invest in Euro Cater through a preference share structure making it possible for the management team in Euro Cater to strengthen its ownership, which has been a cornerstone in the positive development of the company through more than 35 years. Furthermore, the new partnership increases the flexibility in relation to the long term development of the company’s activities.
About Euro Cater
Euro Cater is a leading foodservice provider in the Nordics with a turnover of approximately DKK 8bn. Euro Cater delivers food and beverages to the HoReCa segment, canteens and the public sector. The company has approximately 2,100 employees across 15 branches in Denmark and 16 branches in Sweden.
About Kirkbi
Kirkbi is the holding- and investment company of the Kirk Kristiansen family, which among others own 75% of the Lego Group. Kirkbi’s purpose is to secure a sustainable future for the family’s ownership of Lego for future generations.