Triton completes acquisition of Geia Food
Stockholm (Sweden) / Aalborg (Denmark), 15 June 2021 - The Smaller Mid-Cap Fund II (“TSM II”) advised by Triton ("Triton") has successfully completed its acquisition of a majority stake of Geia Food A/S (“Geia Food”), a food concept provider in Scandinavia. Triton invests alongside current management and key employees. Terms and conditions are not disclosed.
Founded in 2014 by the merger of two separate Danish food import companies, Geia Food operates across Denmark, Norway, Sweden and Finland. The company connects a base of approximately 250 suppliers from across the globe with Nordic grocery retailers and convenience stores.
About Geia Food
Geia Food is the leading supplier of food concepts in Scandinavia. The company acts as a value-creating link between skilled food producers and customers in the retail and food service sector. Geia Food focuses on creating value for the company's partners by increasing the power of innovation and agility while reducing complexity and risk. The company employs approx. 120 employees and has offices in Denmark, Sweden, Norway and Finland. Read more at www.geiafood.dk
Since its establishment in 1997, Triton has sponsored ten funds, focusing on businesses in the industrial & technology, services, consumer and health sectors. The Triton funds invest in and support the positive development of medium-sized businesses headquartered in Europe. Triton seeks to contribute to the building of better businesses for the longer term. Triton and its executives wish to be agents of positive change towards sustainable operational improvements and growth. The 49 companies currently in Triton's portfolio have combined sales of around €18 billion and employ around some 102,000 employees.
For further information: www.triton-partners.com