Avedon Capital Partners sells its stake in Ad van Geloven, the frozen food market leader in the Benelux

Based on the substantially improved performance of Ad van Geloven in the recent years shareholders and management jointly decided to sell the company at the end of 2014. There has been substantial interest of both strategic and financial buyers. In April, Towerbrooks, a US based investment firm, acquired 100% of the company together with management. Please refer to the official press release for further details: English Press Release