Dla piper advises H.I.G. Europe on acquisition of adelie foods
DLA Piper has advised H.I.G. Europe (H.I.G.), the European arm of global private equity firm H.I.G. Capital, on the acquisition of Adelie Foods.
Adelie is the UK's leading Food-to-Go business and serves a number of well-known food retailers such as Sainsbury's and Boots as well as several of the UK's largest coffee shop chains. It was previously owned by India Hospitality Corporation (IHC), led by entrepreneurs Ravi Deol and Sandeep Vyas who will maintain a minority equity holding.