26.4.2023

Triton-backed Geia Food – Acquisition of Topfoods companies

We acted as the Finnish legal advisor for Geia Food, a portfolio company of Triton Smaller Mid-Cap Fund II, in its acquisition of Topfoods Finland Oy and TFR Topfoods Retailing Oy. With this acquisition, Geia Food is expanding its footprint in the Nordics and expands on the Finnish foodservice and industrial product market.

Geia Food is the leading supplier of food concepts in Scandinavia with approximately 120 employees and has offices in Denmark, Sweden, Norway and Finland.

Since its establishment in 1997, Triton has sponsored ten funds, focusing on businesses in the industrial tech, services, consumer, and healthcare sectors. The companies currently in Triton’s portfolio have combined sales of around EUR 18 billion and employ around 105,000 employees. Triton Smaller Mid-Cap Fund II applies Triton’s proven investment strategy to lower mid-market companies in the same core sectors of Services, Healthcare, Industrial Tech and Consumer, using Triton’s in-house operational capabilities and resources to help management teams to sustainably expand their companies’ market position and to implement their growth strategies.

Topfoods companies have an annual turnover of approximately 30 million EUR and employ a total of 15 employees.