H.I.G. Europe buys Adelie Foods

H.I.G. Europe, the European arm of H.I.G. Capital, has completed its buy of Adelie Foods. The India Hospitality Corporation, led by entrepreneurs Ravi Deol and Sandeep Vyas, was the seller and will maintain a minority equity stake. Financial terms weren’t announced. London-based Adelie provides sandwich products to supermarkets, coffee shops and the food service sector.

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