Business briefing

Metro Group

DUSSELDORF-BASED retailer Metro Group has bought Singapore-headquartered food service distributor Classic Fine Foods Group (CFF) from private equity firm EQT for "an enterprise value of US$290 million plus an earn-out of up to US$38 million depending on the Ebitda performance in 2015 to 2017". CFF is a leading premium food service distribution (FSD) player, serving high-end hotels and restaurants in Asian mega cities and the Middle East.

Religare Health Trust