Metro consumes Classic Fine Foods for $328m

Metro's acquisition of Classic Fine Foods will help it capitalise on a growing appetite for gourmet products as interest in retail M&A stays keen.

Denise Wee

August 06, 2015

German retailing giant Metro on Thursday agreed to buy Singapore-headquartered Classic Fine Foods from private equity firm EQT for an enterprise value of $290 million following an auction process as interest in Asia's retail sector remains keen.

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