Talk:Lion Capital LLP

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Young's Seafood

  • Young's logo design: link

Company Structure

Consortium: Lion Capital, HPS Investment Partners (UK) LLP, Bain Capital Credit Ltd (was Sankaty Advisors)
UP = Marlin 1 Ltd, Dato, reg. Cayman Islands Flag-Cayman-Islands.svg

  • Lighthouse Equity Co Sarl, OC, reg. Luxembourg Flag-Luxembourg.svg
    • Lighthouse UKCO 1 Ltd, intermediate holdco, CH
      • Lighthouse UKCO 2 Ltd, intermediate holdco, CH
        • Lighthouse UKCO 3 Ltd, intermediate holdco, CH
          • Lighthouse UKCO 4 (Group) Ltd, was Findus Group Ltd; was Foodvest Ltd, CH
          • Lighthouse EBT Trustees Ltd, dormant
            • Lighthouse UKCO 5 (Holdings) Ltd, was Findus Holdings Ltd; was Foodvest Holdings Ltd, CH

  • Lighthouse UKCO5 (Holdings) Ltd, was a subsid of Lighthouse UKCO 4 (Group) Ltd, sold to Lighthouse Pledgeco Sarl in Sept.2016
  • Lion/Gem Luxembourg 3 Sarl, "a fellow group undertaking"
  • Young's Seafood International Holdings Ltd
  • AR-Dec.2009: the company is a subsid of Findus Treasury Ltd (formerly Foodvest Global Holdings Ltd). UP: funds advised by Lion Capital LLC; ultimate controller is Lion Capital (Guernsey) II Ltd.
  • See Group Structure from Company Searches
  • See also CapVest Partners LLP

Timeline


Jan.2016After the 2013 horse meat scandalWikipedia-W.svg, Young's Seafood dropped the Findus brand in the UK.ref
Nov.2015Young's Seafood International Holdings Ltd: Findus UK Group Ltd changed its name.ref
Nov.2015 Findus Sverige AB: Findus Group's (was Foodvest Ltd) European businesses (Sweden, Norway, Finland, Denmark, France, Spain, Belgium), including the Lutosa and La Cocinera brands, were acquired by Nomad Foods from "Lion/Gem Luxembourg 3 Sarl", the consortium of Lion Capital, Highbridge Capital/Highbridge Principal Strategies and Sankaty Advisors).ref,ref,ref Findus UK and Young's Seafood remained under the consortium's ownership.ref,ref
Dec.2011 Cumbrian Seafoods Ltd: processes, packages, and distributes seafood products. The Company offers a range of fish, shrimp, and shellfish products including traditional fish and chips, breaded chunky cod, Canadian prawns, basa fillets, Alaskan pollock, smoked salmon, and piquant anchovies. Cumbrian Seafoods supplies food retailers throughout the UK. Dec.2011: acquired by Lion Capital from the administrators.ref,ref,ref,ref,ref,ref History to 2011, Rebranded as "Ocean Pure" and hived up into Young's Seafood Ltd.ref OC (dissolved 2017), OC B'berg, DDG, Website.arch, History.arch, 2006.arch
Jun.2010Foodvest UK Ltd changed its name to Findus UK Group Ltd.
May.2009Findus Group: Foodvest Ltd was renamed to Findus Group Ltd.ref,website
May.2009Findus UK: Newcastle Production Ltd's business + certain assets sold to Factory Leasing Ltd. The factory + 2 residential properties sold to Smart Properties Ltd. Debtors + stock sold to Avalerion Ltd (formerly Findus Ltd, CH).
Apr.2009the Findus brand was brought back under direct control of the Findus Group.ref (How? Did Lion retain ownership of the Findus brand through Sudnif Ltd - which isn't findable on the web.)
Jan.2009Findus UK: A huge fire broke out at Newcastle Production Ltd's factory,ref leading to the business going into liquidation. Sudnif Ltd terminated Findus Ltd's licence to make and sell Findus products.
Nov.2008Findus UK: Findus Ltd changed its name to Newcastle Production Ltd; Cleantarget Ltd/Findus Holdings Ltd changed its name to Findus Ltd.CH
Jul.2008 Foodvest Ltd was purchased by a consortium led by private equity firm Lion Capital LLP.ref,ref The deal was completed in Sept.ref
Afterwards, UP: Lion/Gem Lux 1 SA, reg. Lux. Subsids: Young's Seafood Ltd, Pan European Seafoods UK Ltd, Polarfrost Seafoods Ltd, P Bos Zeevisgroothandel BV, The Seafood Company Ltd (formerly Pinegain Ltd).
Apr.2008Foodvest UK Ltd: Young's Seafood Group Ltd name changed to Foodvest UK Ltd.ref
Aug.2007The Seafood Company Ltd: Foodvest Ltd, via its subsid Young's Seafood Group Ltd, acquired The Seafood Company Ltd (IP: Foodvest Global Holdings Ltd; UP: Foodvest Equity Co SA, reg. Lux).
May.2007Findus Norge Holdings AS, subsid of Foodvest Ltd, acquired Gro Industrier AS, mnf of frozen veg in Norway.
Mar.2007Foodvest Ltd was acquired by Lighthouse UKCO3 Ltd, UP: Foodvest Equity Co SA (reg. Lux,OC).
Jan.2006 CapVest Partners LLP bought Findus AB (the rest of the Findus business, excluding Italy and Switzerland) from EQT Partners. Capvest created Foodvest Ltd (CH) as a holdco for the Findus, Young's Seafood and The Seafood Company businesses.ref,ref Foodvest Ltd's subsidiary Foodvest International AB acquired Findus AB (Sweden, Norway, France) in March.AR-Sept.2006
Dec.2005Foodvest Ltd ([CH]) acquired Young's Bluecrest Ltd (renamed to Foodvest Holdings Ltd in Apr.2006) (CH).
Apr.2005Findus UK: Geir Frantzen, a former senior manager at Findus AB, led a management buyout of Findus UK from EQT Partners.ref Findus Ltd was sold to Cleantarget Ltd, an acquisition vehicle owned by Frionor Holding Ltd, 100% owned by G S Frantzen. UP: Frionor Holdings Ltd. (Previous UP was Findus Sverige AB.) AR-Dec.2004

... Picking up the story from Nomad Foods Ltd#Findus